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Topic: The current crypto bear could end the market. (Read 533 times)

full member
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August 07, 2022, 05:34:01 PM
#61
The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.

Also, how many bearish periods have we seen in this market? That's a lot already and here we are, we are still surviving. And the difference today is that we have more stakeholders and users that are into this market. So I don't think this will be the end but instead just another challenge in crypto, but later on, people who do believe will reap their rewards. But it depends on what coins they stored during this bearish period.

We've seen bear markets happen several times, so what's happening with the crypto market today is nothing new. So only the ignorant people thinks
what is happening now is the end of crypto. But for people who understand how the crypto world works, they should already understand what to do
in a situation like this, and fortunately it seems that there are so many investors who believe the crypto market will recover. So the market has shown
a positive direction, although Bitcoin price movements still look stable and have not been able to rise above the $25k price. But I believe that
the market will slowly improve, the most important thing is that we must not choose the wrong coins to invest in a bear market like this. So that
the coins that we hold can provide profits in the future.
sr. member
Activity: 1988
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The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.

Also, how many bearish periods have we seen in this market? That's a lot already and here we are, we are still surviving. And the difference today is that we have more stakeholders and users that are into this market. So I don't think this will be the end but instead just another challenge in crypto, but later on, people who do believe will reap their rewards. But it depends on what coins they stored during this bearish period.
sr. member
Activity: 2604
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.

i don't think we will be seeing the end of this market. because instead of decreasing the number of crypto users, it is increasing. so the end should not be a worry for most. this is a very good opportunity to collect some valuable coins. for sure, some will regret later on that they haven't bought during this bearish period. doubt this market if there is no one talking about anymore about crypto.
You could really expect something these kind of words whenever we do experience bearish runs in the market where lots had been freaking out something like this and like that.This isnt something new when we do

talk about behavior of people who are engaged into the market specially to those new or who doesnt have much experience in the market before thats why its normal that they would really be having those

kind of reactions but eventually it is really totally the opposite because we've seen lots of up's and downs of this market which it is normal for this one to have those movement and instead on freaking
out then it would be ideal and worth if you do find yourself to take up some chances to accumulate cheap coins because if the market would make out some reversal then you would benefit most out of it.
hero member
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The bear market hasn't ended. It looks like we're towards a bullish move, but the market is in a stabilized mode with the price moving within specific range. A pure bull market according to experts is supposed to take place by the falling year or later. For now we're gonna experience gradual move without any big push even if some positive news happens around.
hero member
Activity: 1176
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
The adoption of Bitcoin continues to increase and I can see that more people are joining the crypto world which is causing the expansion of the Bitcoin world and more Bitcoin transactions keep happening whereby the system becomes bigger everyday.

The bear is showing sign of end but many tasers and investors still believe that we are in the bear season. We are in August currently and I expect more bull movement that will make the Bitcoin market skyrocket within now and September before the ending of this year.
hero member
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Unfortunately the market today is corrected again, I did not expect because there were many predictions that were sure that prices would reach $ 25k again, but we had to be patient again and do not panic when I saw the Red Again market, even I had put up a buying price of $ 21K at Spot Exchanges, opportunity Good to keep buying because the end of the year I will party.
Has your order passed now? because I saw the price of Bitcoin not go down to $21K five days ago or when you said it five days ago. Bitcoin has moved between $22K+ to $23K+ in the last five days and is likely to remain the same for tomorrow, unless there is a lot of buying from big investors. But you don't have to worry about that because you can still place a buy order at the current price or five percent below the current market price.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
Unfortunately the market today is corrected again, I did not expect because there were many predictions that were sure that prices would reach $ 25k again, but we had to be patient again and do not panic when I saw the Red Again market, even I had put up a buying price of $ 21K at Spot Exchanges, opportunity Good to keep buying because the end of the year I will party.
Well I do hope you get to party at the year end but dont base everything on bitcoin and its price, because it will go up and down and you wont have the time to enjoy the little time you have.

Prices being corrected again at 23k shows that the bearish trends are still persisting, maybe less stronger now but they are still here. At any time we can see gradual movements towards one direction. Although I would not suggest putting in any money in a sideways market and waiting till bigger notable movements come in.

I am not expecting 25k to be reached without resistance. A lot of selling pressure can happen at that level and it might be difficult to cross.
full member
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The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?
It cannot be said that the current situation in the cryptocurrency market is very bad. Yes, the bearish period has dragged on, but this state of affairs is quite normal for this market. Especially since it's the second half of summer. It's time for mass holidays and a decrease in business activity in all markets. During such a period, there was almost never a good price increase. Therefore, you need to wait for autumn. Right now, there is almost no bad news regarding cryptocurrencies, which means that the time will come when the cryptocurrencies will get bullish momentum again.
I think there is no such thing as a bad market, it all depends on how we react to it. those who say bad, maybe they are experiencing floating, and the asset value is decreasing. but as long as you choose the right coin, I don't think there is anything to worry about, just waiting for the time for the market to change direction, and no one knows when that time will come, it could be another year, or more or even less than a year, so the main thing is is how we can respond to the market
sr. member
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The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?
It cannot be said that the current situation in the cryptocurrency market is very bad. Yes, the bearish period has dragged on, but this state of affairs is quite normal for this market. Especially since it's the second half of summer. It's time for mass holidays and a decrease in business activity in all markets. During such a period, there was almost never a good price increase. Therefore, you need to wait for autumn. Right now, there is almost no bad news regarding cryptocurrencies, which means that the time will come when the cryptocurrencies will get bullish momentum again.
legendary
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So anyway, I applied as a merit source :)
Most places don't accept Bitcoin, though. I don't see that as a large obstacle because there are other ways you can spend Bitcoin without needing to rely on local businesses to do so, but I understand the appeal of not wanting to use Bitcoin if you end up having to keep swapping it with fiat in order to do business. The conversion fees end up being quite the hassle. Online stores aren't the only places where people need to conduct commerce, you know.
Online places not accepting bitcoin is a big hurdle to the overall acceptance of bitcoin. In this world where buying and selling is more digital than physical bitcoin not being a streamlined option for them becomes a problem for bitcoin users who wish to spend their earnings to buy stuff they need to.

While I dont agree with all that the OP says, I would defenitely want that in future bigger e-commerce sites start accepting bitcoin as a mode of payment, some have already done this but they are niche websites not mainstream ones.

But this has less implications on the bear market, which is currently in the recovering phase in my opinion. Bigger acceptance would mean a steady price rise as well.
legendary
Activity: 3318
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
I agree. I mean I disagree that the price would be like this until the end of the year, I believe that it will start to go up, and that's going to be a bit of a deal. But at the same time, I believe that we are talking about something a bit of a trouble in the long run if it doesn't go up, it needs to start going up eventually.

However, if we consider the fact that it's not really there yet, and it's still low, I agree that more people wants it stay like this, so we could buy some more bitcoins and that's a very important thing. This is why I agree that it's not really a huge deal right now if it doesn't go up, at least for a while longer, it will take some more months for sure.
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The main difficulty before these investors is that they cannot choose which currency they want to invest in. They usually flock towards bitcoin and ethereum which are the top two coins in the crypto market and blindly invest in them without any scrutiny due to the fact that it is so transparent.

The good news for Ethereum The Ethereum The Merge date is estimated to be September 19 if there are no obstacles https://cointelegraph.com/news/ethereum-dev-confirms-perpetual-date-for-pos-merge
legendary
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Quote
A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
I don't really agree with this statements, btc is not widely accepted but it is accepted in many online and offline stores. Part of the reason why people don't use crypto is lack of aware and understanding, when a good number of people understands btc properly the awareness will increase and so will be acceptance.

Most places don't accept Bitcoin, though. I don't see that as a large obstacle because there are other ways you can spend Bitcoin without needing to rely on local businesses to do so, but I understand the appeal of not wanting to use Bitcoin if you end up having to keep swapping it with fiat in order to do business. The conversion fees end up being quite the hassle. Online stores aren't the only places where people need to conduct commerce, you know.
copper member
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You mean the current bear is the end of the market or the bear market is about to end soon? Either way, no one can for sure say that they bear marketing is coming to an end. If you think it is coming to an end, then I am sure you invested a lot of money, I mean all your money in crypto currencies, right? But no, you didn't. Because you aren't also sure that the bear market is about to come to an end or no.

And if you mean this bear market is going to end everything, then please go around and see how many times people claimed that it was the end of crypto currencies every time there was a bear market.
legendary
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Too early and too easy to say that this is the end of the market. Well, the crypto bearish era is something that is very usual and this is likely a cycle. In every bullish and bearish, there will be also FUD that reports about the negative sides and end of cryptocurrency. This has been since for many years past. But in fact, the crypto industry is still ongoing now and many developments are here. So does this current bearish market, we can just be more patient and wait for the market to be normal and then bullish again. DOn't hurry to state about the end of the market.
Any bear or bull market always has its limits and boundaries. I would still not argue that this is for a long time because there are too many variables that can ultimately affect the result. Let's not forget that in its current state, the cryptocurrency market is pretty much synchronized with traditional stock markets, and it is at this stage that we can say that the bearish trend will end when the same thing happens on the stock market. And even more so, it is not worth talking about the end of the market, but however, those who are in the topic should already get used to that such conversations appear with regular frequency when negative phenomena occur in the cryptocurrency market and are still successfully overcome in the end, therefore, based on previous experience, it should be expected that this will happen in further.
hero member
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Too early and too easy to say that this is the end of the market.
Well, the crypto bearish era is something that is very usual and this is likely a cycle. In every bullish and bearish, there will be also FUD that reports about the negative sides and end of cryptocurrency. This has been since for many years past. But in fact, the crypto industry is still ongoing now and many developments are here.
So does this current bearish market, we can just be more patient and wait for the market to be normal and then bullish again. DOn't hurry to state about the end of the market.
staff
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
What would the reason be of a increase? A marginal increase yeah, but I imagine we'll be rebounding for a few months at the very least. These are uncertain times outside of Bitcoin, and Bitcoin is likely the least of people's concerns in the next year or so.

You might be right not to worry about the future, but the short term, no country or company is realistically going to start accepting Bitcoin. There's too much negative stigma around it, whether it's valid or not. For example, first we have the recession which means a volatile investment isn't likely to garner much attention during that time, but also there's the energy claims that have tarnished Bitcoin's reputation a little bit, and have prevented further adoption, due to institutions preferring to keep their public relations in tact. Lets be clear, I think these claims are unsubstantiated, and rather unfair to single out Bitcoin, but that's how it goes. Truth doesn't matter in todays world, it's more about looking good, as evidence by several trends that companies tend to follow.
hero member
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Many experts believe that the bear market trend is still continuing,
It doesn't need an "experts" opinion to tell that we're still in a bear market.

maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
We don't know when the reversal will. But that's the good approach that everyone must have, there is no need to worry if you're one of those people that's very enthusiastic with bitcoin.

We all know where it's going and that's why we're just trusting and holding it.
legendary
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.

i don't think we will be seeing the end of this market. because instead of decreasing the number of crypto users, it is increasing. so the end should not be a worry for most. this is a very good opportunity to collect some valuable coins. for sure, some will regret later on that they haven't bought during this bearish period. doubt this market if there is no one talking about anymore about crypto.
sr. member
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
We cant really tell on when this bear market would end up or having a bullish turn but its true that instead people freaking out for this declining prices.Then why not really seeing this opportunity for people to buy or
accumulate on cheaper price?

Bear market is a very common situation or scenario on this market because it cant be called a market if we are just moving in one direction.Ending up crypto market is something
a very impossible thing considering on how high the support it is getting then we could really say that it would still take decades or even forever.

So dont make yourself put in panic whenever we do see price declines.
full member
Activity: 1708
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly, and more and more countries are actively opening tenders to legalize bitcoin.
Some of them even say that it can continue until the end of the year but I guess it's something that we should still be grateful for because we still have a long time to earn and save so we could accumulate and buy more Bitcoin and other potential altcoins until the market recovers again. There are already lots of good things happening around us such as adaptions so I'm sure that the market will still be firm and will have a better future.
full member
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Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.
sr. member
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Well, it was not a new thing to hear these words "END OF THE MARKET", especially during the bear season. A negative mindset will of course speak and describe the market negatively. However, those who come and have trust with crypto will remain calm and take advantage of those who are weak and those who sell their crypto.

But don't get me wrong OP - what you need is to open up your mind and eliminate negativity in your mind and replace it with positivity. You can never see good things if you are a close-minded person.
sr. member
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A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
Actually this question you can answer yourself, why Bitcoin is not used as in general, as a transaction.

You can compare like: why not everyone does not use only one type of car brand, in everyday life.

Its meaning, It doesn't mean that Bitcoin is not accepted by many people, they have their own beliefs to carry out daily transactions and not everyone understands how Bitcoin works and not everyone likes the car.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.
OP may have copy pasted shit from social media, their words seem like the brain dead fanatics of bitcoin who do exist on social media and are the wrong product of immature brains with shilling.

Even today bitcoin is not accepted widely - you will not get the chance to spend your coins in the next door grocery store because the guys who own that store, have never heard of bitcoin and neither are they in an economic condition to accept something that is in a grey area in the country's legal system. They want to make bread for themselves and therefore they go with what is prevalent, fiat. Even getting them to accept digital payments backed by the banking system was a tough thing to do, let along think of bitcoin. I dont think the OP has the brains understand this ground reality in many low-income countries.

Bitcoin also does not need a "messiah" life figure, if someone is acting like one, they are having some wrong motive which people are immature to understand.
hero member
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Ending the FIAT market or ending the crypto market? Whatever the case, your assumption is dumb as hell since both markets will survive no matter what if you ask me.

Popular cryptocurrencies like BTC have survived far worse situations in the past and bounced back which proves how resilient they truly are. Spreading FUD in this manner is pointless and dumb op.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.
Different people have different oppionion and purposes but I believe it is good to call those people that day trade or miners that sell their bags just for emergency purposes that have to do with their mining activities and pay some loans because they are doing it for an important reason if they choose to buy the dip or not is their decision.
If read mining news someday ago will see that some miners are into debt and I believe a huge number of these miners sold some portion of their bags.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

Hopefully we wouldn't see and experience that 10k because that's already below 50% of the current market price as of today, but if that happens then I'd love to buy more of it to add in my portfolio and so other coins because these altcoins often follows bitcoin's market.
But yea, I doubt that we won't experience a market that will reach the zero bottom because that would likely be the end of the market. Just hold up folks because this will be a hard ride this year and I assume that we can see some pretty figures this year after this season.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.
Normal words to be thrown out or people could really speak up directly without even realizing on what are those words that they do have said which is something that cant really be the real deal.
People do usually said its a scam or nearing into its end when they are losing that much.Its true that current crypto bear is something devastating but doesnt mean that it would really be the end of this
market.There are only two kind of people or investor which to those who are minding off on finding the opportunity to get in while price are cheap or totally quit up just because they had lost that much?
This isnt the first time we are experiencing these declines and this should really be bare up on mind that recovery would be always next in line.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
That is the thing, there are too many people who are going to end up focusing on one thing, which is making more and more money. Sometimes there are some people who think that it would be smart to force the situation to a max, and say zero, and that's a problem, but at the same time they will short it, that's why they want such a thing.

I believe that we shouldn't be expecting it to be zero, or a billion dollars, it's not going to be something that magical. It's going to be something decent, it's going to be like bitcoin at 30k by the end of the year, that's a realistic approach and we are going to end up seeing that for sure. That's at least what I am guessing.
legendary
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We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.
The idea of buying the dip has mislead a lot of prospective and even existing profit driven investors. Its a good strategy non the less, give the trends at the time but, a lot of users miss out on the opportunity to buy again. That's due to a predetermined dip that could lead to procrastination and eventually, you have people missing out.

The best for me has always been to hodl. Perhaps it's not the besg best take profit as, it feels more profitable to selling or exchange for stable coin in am ATH and buy during the bearish market conditions but the uncertainties about this period makes it difficult to speculate and as such, just hodling if you can and invest new money int the market in the bearish market archives the same result.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.
hero member
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A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
Not using Bitcoin as a currency for everyday purchases is a lie because there are a lot of payment systems that have already a platform that bridges the gap but the major reason why most people don't use Bitcoin for their everyday purchases is that 90% of all BTC holder use more as an asset than currency and what they mostly do is use it as currency during the ATH market while they use it as an asset during the winter market.

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.
hero member
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The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.
legendary
Activity: 2422
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The current crypto bear could end the market.
Maybe this is your first experience of what a cryptocurrency bear season is all about and feels, but I must admonish you to calm your nerves, the market is not going to end(whatever you mean by the market ending). Grin,
There have been several bear seasons, dips in the past years, it were all a buying opportunities for as many who were wise enough to realize it, this current crypto bear market, I can assure you is another of such buying opportunity, take advantage of it if you have means, using the DCAing strategy to aquire as much good crypto coins (including Bitcoin) as possible, leave them in your wallet for as long as it takes to yield good profit for you, doing this now might be the best decision you ever made.
sr. member
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Perhaps it would if nobody cared but fortunately, a lot of people rich and poor investing in Bitcoin and even using it that surely won't let this thing down too easily.

Accepting Bitcoin as a legal tender is ongoing and it was growing meaning that this bear season isn't enough to drag it down and collapse, not even these influencers like Elon Musk can do. Therefore, it was just a false hope thinking it will end as these holders manage to hold their Bitcoin and altcoins in preparation for the next rally.
hero member
Activity: 3038
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A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
That's totally an excuse and a misconception. You don't have to go that far to see people accepting bitcoin and receiving it as payment. If there's going to be crypto that a no-coiner would like to accept.

The chance that we'll hear them say bitcoin is very high. I don't understand what you're up to by making this thread and if you're into ETH, I'm also into it.

And as the title says, bearish sentiments are common in any market, don't be surprised or confused by them.

If you know the importance and real function of Bitcoin, you'll buy and invest in it though it's not yet accepted everywhere. Bitcoin isn't just a mode of payment. If you'll do more research and take a look at its history, you'll see how it developed and handled every market situation before. It has been through ups and downs but it even stood firmer. You might see the bearish season as a threat for Bitcoin but its actually an opportunity for those who want to buy and accumulate more BTC.
It's not yet accepted to most places but the adoption is getting high and someday, we'll be there that almost everyone knows about it. Like every computer geek and smartphone users will have the idea about it like that they've heard about it.

And if there will be common excuses that's being said about it and intrigues that people will about it. The important things about bitcoin, if you know most of them and no one can will misled you despite any excuse or issue they say about it.
legendary
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Vave.com - Crypto Casino
What do you particularly want to discuss? You're saying a lot of different things. The title also suggests a different idea.

Anyway, the current bear season does not and cannot end the Bitcoin market. It may end a crypto project, however. It may kill a crypto company as well. As a matter of fact, the recent mass withdrawal has actually led crypto firms toward insolvency and even bankruptcy. But Bitcoin isn't just an altcoin or a company that rides on the popularity of something else. Bitcoin's fundamentals aren't in any way affected by the market.
The bitcoin market and the way it function is entirely different from that of the altcoins. During this bear market many altcoins will be added to the market. These altcoins won't be having anything in specific, and the key factor for which these altcoins were innovated is to experience bull move when trend changes. Soon after a hard bull move these altcoins gets out of the market. Earlier these kind of things happened with ICO's
hero member
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DGbet.fun - Crypto Sportsbook
The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

What does Summer have to do with buying or not buying? Last year in May we were at 60k, so there were buyers. This year in May we were falling off a cliff.
June -July 2019 we had a rally, so I'd say that while most bull runs in the past were in Autumn, there were periods where price went up a lot in the middle of the year.

You're probably right about it taking another year before the situation stabilizes.

Its not bad to presume about those patterns specially if we do talk about season and duration or times on where those market movements do make out those significant numbers but we know that this market cant

really be predicted no matter how you would analyze but its not bad to have those observations and presume out and making action basing on that one whether you would really be getting in or get out based up
on what you had observed.

For people who had been on this market for a while now then these drops and rise of price is just like an ordinary day or something that shouldnt really be surprised on but for those who are just
new or recently dive in then they would really be having those impressions that these drops might really be just the end of this market which is totally impossible.
legendary
Activity: 2478
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Don't let others control your BTC -> self custody
The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

What does Summer have to do with buying or not buying? Last year in May we were at 60k, so there were buyers. This year in May we were falling off a cliff.
June -July 2019 we had a rally, so I'd say that while most bull runs in the past were in Autumn, there were periods where price went up a lot in the middle of the year.

You're probably right about it taking another year before the situation stabilizes.
hero member
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Leading Crypto Sports Betting & Casino Platform
For sure the data's of market crashes what makes those big company turn off accepting crypto on their payment system since maybe they consider this because they don't want to lose a lot of money once bear market season hit. Maybe if market still act like this maybe we cannot see major processors or platforms accept this.
But it is known that big companies loves to invest in cryptos most especially now that the prices are dumping. If they can do such thing then why not the other one which is by accepting crypto for payment purposes? I think there are no big differences at all but I can only see one advantage here, and that is they can increase their investment assets passively even without the need of buying it actively. This wasn't the first time the market acted like this but despite of this, there are still those companies who made cryptos as one of their payment methods.

Simply, crypto bear couldn't end the market but one thing is for sure, and that is crypto bear can end soon.
hero member
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A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
That's totally an excuse and a misconception. You don't have to go that far to see people accepting bitcoin and receiving it as payment. If there's going to be crypto that a no-coiner would like to accept.

The chance that we'll hear them say bitcoin is very high. I don't understand what you're up to by making this thread and if you're into ETH, I'm also into it.

And as the title says, bearish sentiments are common in any market, don't be surprised or confused by them.

If you know the importance and real function of Bitcoin, you'll buy and invest in it though it's not yet accepted everywhere. Bitcoin isn't just a mode of payment. If you'll do more research and take a look at its history, you'll see how it developed and handled every market situation before. It has been through ups and downs but it even stood firmer. You might see the bearish season as a threat for Bitcoin but its actually an opportunity for those who want to buy and accumulate more BTC.
hero member
Activity: 2478
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SecureShift.io | Crypto-Exchange
Quote
A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
I don't really agree with this statements, btc is not widely accepted but it is accepted in many online and offline stores. Part of the reason why people don't use crypto is lack of aware and understanding, when a good number of people understands btc properly the awareness will increase and so will be acceptance.

Quote
it’s adoption by Such small players on the world stage has done little to promote more mainstream acceptance.
El-salvador accepting btc as legal tender did more than the media would want to admit, they may be small players but they have impacted and influence other smaller countries to have softer approach towards btc and some level of acceptance. there has been a lot of progress whether the media admit it or not.
hero member
Activity: 3038
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A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
That's totally an excuse and a misconception. You don't have to go that far to see people accepting bitcoin and receiving it as payment. If there's going to be crypto that a no-coiner would like to accept.

The chance that we'll hear them say bitcoin is very high. I don't understand what you're up to by making this thread and if you're into ETH, I'm also into it.

And as the title says, bearish sentiments are common in any market, don't be surprised or confused by it.
hero member
Activity: 3038
Merit: 617

I don't get what OP is trying to imply actually. Bitcoin had been declared dead countless times and bears have been exposing scams every time even the big crypto lenders are exposed. This is what bear market will do just as it did in the past but BTC and few others survives. Crypto is much needed this time around.

Mexico, Argentina and all else doesn't really need to make BTC as legal tender, they can already use BTC without having a law for it.
legendary
Activity: 2576
Merit: 1860
What do you particularly want to discuss? You're saying a lot of different things. The title also suggests a different idea.

Anyway, the current bear season does not and cannot end the Bitcoin market. It may end a crypto project, however. It may kill a crypto company as well. As a matter of fact, the recent mass withdrawal has actually led crypto firms toward insolvency and even bankruptcy. But Bitcoin isn't just an altcoin or a company that rides on the popularity of something else. Bitcoin's fundamentals aren't in any way affected by the market.
hero member
Activity: 2632
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Jack of all trades 💯
The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

There are a few elective techniques for getting to digital currency. For instance, with stages like Debit Card and Shopify, online installment joining or direct administration with a blockchain network empowers shopping

I don't really understand why we still don't have a big company that support crypto currency payments. They could be the biggest competitor to ebay etc. if that happens. I would love to use that, it's a big need for me. As I still have to deal with crypto > bank > credit card payment and all these have stupid fees. Instead of that I should shop with one click with my coins. Hopefully soon there will be a site or shopping system that mediate this.

For sure the data's of market crashes what makes those big company turn off accepting crypto on their payment system since maybe they consider this because they don't want to lose a lot of money once bear market season hit. Maybe if market still act like this maybe we cannot see major processors or platforms accept this.
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Cryptocurrency bear market really affect every investor and this is the opportunity investors have to buy more and gold until when will experience bullish market because according to prediction of cryptocurrency some investors who analyse when cryptocurrency will rise and then when it will fall says that starting from August and September in 2022 that's where we start experiencing the bullish market which any investor who buy and hold when cryptocurrency is a stage of 17,000 will definitely have or make again
sr. member
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I don't really understand why we still don't have a big company that support crypto currency payments. They could be the biggest competitor to ebay etc. if that happens. I would love to use that, it's a big need for me. As I still have to deal with crypto > bank > credit card payment and all these have stupid fees. Instead of that I should shop with one click with my coins. Hopefully soon there will be a site or shopping system that mediate this.
There are only a few of us who sell their cryptos whenever they need FIAT.

Try purse.io, you can buy anything from amazon at a discount with crypto.



legendary
Activity: 2982
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The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

There are a few elective techniques for getting to digital currency. For instance, with stages like Debit Card and Shopify, online installment joining or direct administration with a blockchain network empowers shopping

I don't really understand why we still don't have a big company that support crypto currency payments. They could be the biggest competitor to ebay etc. if that happens. I would love to use that, it's a big need for me. As I still have to deal with crypto > bank > credit card payment and all these have stupid fees. Instead of that I should shop with one click with my coins. Hopefully soon there will be a site or shopping system that mediate this.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?
legendary
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I think this is just a list of relatively good news (plus speculations on neutral things), and then the op is downplaying them. I agree that neither Bitcoin adoption by some companies nor recognition as a legal tender did not bring mass adoption of Bitcoin, so if some expected it, they were wrong. But these are still factors contributing to the growth, not decline, of Bitcoin. Just not enough growth to ensure that the bear market never comes again. It does nothing to prove that the current bear market is any different from previous ones, that it will be the end of the market or anything like that.
hero member
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Top Crypto Casino
Elon musk used to have muscle in moving prices on small coins like doge.  But the mere mention of bitcoin by him doesn't move the needle,bitxoin doesn't need elon or in fact any influencer. We are past those times, at least for bitcoin.
To be frank, I still think that Elon Musk still has the power to manipulate the crypto market including Bitcoin however it must through a significant action or notion to do so unlike before we are a mere mention from him will affect the market.
Right now, we are seeing country level changes whereas wide adoption is in near grasp. Country after country are considering bitcoin and other crypto as a legal tender and various applications and integration has already been made through business such as crypto payments. Bitcoin and other cryptos have already move far from where they are before.
mk4
legendary
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Paldo.io 🤖
Except the fact that none of those is required for Bitcoin and this space in general to survive. This space has gone through far worse black swan events that could've killed this entire industry back then, that those you listed not going to fruition is virtually nothing.
legendary
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A successful ethereum merge.

The bearish market is exposing the foundational problems of a lot of shitcoins. Most of them a nothing but ponzi schemes clothed with crypto names and frameworks. More shitcoin would phaseout or keep merging but Bitcoin has gone through this challenges times several times and came out stronger.
 

Major adoption of bitcoin as ligal tender.
It is too early to rate the impact of the adoption of Bitcoin as a legal tender by El Salvador and Central African Republic. These two nations are putting efforts to put in place different mechanisms such as infrastructures and education to ensure that Bitcoin operation in these nations are effective and efficient. Just recently Nayib Bukele the President of El Salvador announced that the country is buying more Bitcoins.This little action has the tendency of building the confidence of Bitcoin holders. Be patient in few years you would see the impact.

Integration as a payment option by a large company.
I cannot deny that the acceptance of Bitcoin by multi-national companies can impact positively on both the price and acceptability of Bitcoin. But any cryptocurrency that constantly depends on the hype or recommendation of these companies and owners to break new grounds would never be successful. These companies might not support them forever. The day these companies fail to accept the currency as a means of payment,there would be a grave negative consequences. The companies or owners can also be used by politicians and anti-crypto forces to undermine the progress of these currencies. Bitcoin is moving towards the path of freedom and independence from unnecessary external influence.
legendary
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No doubt stirring up a lot of dismay for digital currency financial backers across the biological system. The bear market has formally set in and carried with in wrecking Price breakdown have left somewhat not many solid.
Just gonna give it to you straight, OP: whatever translation software or program you're using to lay down that sorry excuse for a pile of English language words needs to be uninstalled, pronto.

Also, I don't know about anyone else here but I'm not a big fan of Twitter and I'm not looking to be redirected to them via links here, so you might want to take a screenshot of whatever Twitter posts you think are pure gold instead of what you actually did. 

And finally, how long have you been in the crypto space?  How many times has bitcoin been declared dead?  Lots of big exchanges have failed before, and prices have tanked at various intervals ever since 2009.  Every time, people scream doomsday at the top of their lungs....and in the meantime, the smart people are buying in. 

Don't be one of the screamers.
hero member
Activity: 2730
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Elon musk used to have muscle in moving prices on small coins like doge.  But the mere mention of bitcoin by him doesn't move the needle,bitxoin doesn't need elon or in fact any influencer. We are past those times, at least for bitcoin.
We do eventually learn up after some events in the past or the thing we had encountered which means that if Elon did make out some significant influence on some prices of alts in the past but turns out that people had realized on how manipulative it was then expect that we wont really be making ourselves to get fooled twice which we know that people do becomes smarter and smarter on where they do realize that things turns out
to be manipulative on which they are really making use of their reputation and popularity for their own sake. Fundamentals and news doesnt really give out precised or assured effect on the market but it cant really be
denied that words from known people could neither shake off or wouldnt give out any effect in overall crypto space and also bear market is normal and i dont know on why people do freak out on times like these?
hero member
Activity: 952
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Elon musk used to have muscle in moving prices on small coins like doge.  But the mere mention of bitcoin by him doesn't move the needle,bitxoin doesn't need elon or in fact any influencer. We are past those times, at least for bitcoin.

Bitcoin has gone far ahead to be affected by cryptocurrency influencers, it rather stand to exist on it own, Elon musk is just making his own business one side and the other side bitcoin is moving fast directly on it own lane as well, I don't count people that invest in other cryptocurrencies as real time investors because they will on one way or for the other reason find a means of investing on bitcoin as well to backup their risk taken.
legendary
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Elon musk used to have muscle in moving prices on small coins like doge.  But the mere mention of bitcoin by him doesn't move the needle,bitxoin doesn't need elon or in fact any influencer. We are past those times, at least for bitcoin.
hero member
Activity: 3052
Merit: 651
Quote

A successful ethereum merge.


No doubt stirring up a lot of dismay for digital currency financial backers across the biological system. The bear market has formally set in and carried with in wrecking Price breakdown have left somewhat not many solid.



https://twitter.com/MetisDAO/status/1544773178513166337

Quote

Approval of a spot Bitcoin ETF.


In the event that a spot ETF is supported, it will deliver the substance of the complaint long-running. Bitcoin and crypto resources in general will carry another degree of authenticity to the class. This is probably going to set off a rush of institutional reception that could end the colder time of year with the inundation of new assets into the market.



https://twitter.com/BTC_Archive/status/1544978531259662338

Quote

Major adoption of bitcoin as ligal tender.


2021 saw EI salvador become the first country in the world to adopt bitcoin as a legal tender for use by it’s citizens. In April of 2022, (CAR) become the second Country to do so, pointing to a growing trend.
While the use of BTC as a legal form tender has been a long-running goal of crypto proponents and the decisions by EI salvador and CAR are worth celebrating,  it’s adoption by Such small players on the world stage has done little to promote more mainstream acceptance.



https://twitter.com/Bitcoin_Xoe/status/1543567732725018624

Quote

Integration as a payment option by a large company.


A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

There are a few elective techniques for getting to digital currency. For instance, with stages like Debit Card and Shopify, online installment joining or direct administration with a blockchain network empowers shopping.

Elon Musk has shown on several occasions that the mere mention of consolidating blockchain-based payments could lead to a rally in the market for tokens in question.



https://twitter.com/WatcherGuru/status/1544728785114775552
Quoting for the images to be visible.

That's a lot to discuss so I will just pick one and that's the last part.
Merchants first. Most Bitcoin bag holders are itching to spend their Bitcoin even for just once in their life. Some may already be dead without even experiencing it.
Merchants won't risk it with a volatile currency. A problem that had been unsolved for years. But there are those who will do retail, like if there's really no option and you have only Bitcoin in your wallet then we can do it just this one time instead of the merchant buying Bitcoin the long way.
member
Activity: 67
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Quote

A successful ethereum merge.


No doubt stirring up a lot of dismay for digital currency financial backers across the biological system. The bear market has formally set in and carried with in wrecking Price breakdown have left somewhat not many solid.



https://twitter.com/MetisDAO/status/1544773178513166337

Quote

Approval of a spot Bitcoin ETF.


In the event that a spot ETF is supported, it will deliver the substance of the complaint long-running. Bitcoin and crypto resources in general will carry another degree of authenticity to the class. This is probably going to set off a rush of institutional reception that could end the colder time of year with the inundation of new assets into the market.



https://twitter.com/BTC_Archive/status/1544978531259662338

Quote

Major adoption of bitcoin as ligal tender.


2021 saw EI salvador become the first country in the world to adopt bitcoin as a legal tender for use by it’s citizens. In April of 2022, (CAR) become the second Country to do so, pointing to a growing trend.
While the use of BTC as a legal form tender has been a long-running goal of crypto proponents and the decisions by EI salvador and CAR are worth celebrating,  it’s adoption by Such small players on the world stage has done little to promote more mainstream acceptance.



https://twitter.com/Bitcoin_Xoe/status/1543567732725018624

Quote

Integration as a payment option by a large company.


A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

There are a few elective techniques for getting to digital currency. For instance, with stages like Debit Card and Shopify, online installment joining or direct administration with a blockchain network empowers shopping.

Elon Musk has shown on several occasions that the mere mention of consolidating blockchain-based payments could lead to a rally in the market for tokens in question.



https://twitter.com/WatcherGuru/status/1544728785114775552
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