The Glory days are gone for the moment! - page 3.

8count

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Quote from: CodyAlfaridzi on June 15, 2018, 09:58:01 AM

Quote from: jamesashmore1964 on June 15, 2018, 08:50:31 AM

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

I don't think the lack of enthusiasm is the reason for the current crypto downtrend. The enthusiasm is always there and I think it's still growing. I can show you some examples to prove this:
- Bitcoin and crypto news are all over the mainstream media all the time. Every time Bitcoin made major price action, it'll be covered by the media.
- ICOs are still popping up with no signs of stopping despite SEC rules, etc
- Great development happening with LN Bitcoin!
- Number Bitcointalk visitors doesn't dropping much Tongue

You shouldn't compare the price with ATH. The ATH is simple a craze, FOMO fueled by institution picking up Bitcoin. Compare the price today vs a year ago. BTC was trading at $1,xxx in June last year. It was still a 3-4x return. Great, right?

Spot on there, people forget that it's still 3x more then this time last year and the consent main stream media is showing that it won't just be a bubble, It's here to stay. Take the opportunity to find some solid project to invest in why the price is low again.
Myself I have a few locked in knowing that years down the track I'll see the real rewards, so current prices don't bother me. I just top up with BTC, Eth, FGC and NEO over the last week, so happy times.

jamesashmore1964

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Quote from: Astvile on June 15, 2018, 10:12:34 AM

I think it is just a natural market circulation. It had been a fruitful year for investors last year, so it is just normal to have some market correction after the bull market. The cycle will keep going and only patient people will be rewarded, so just keep holding.

Hold: Tell that to be people that just saw their portfolio go down 40 percent: Wake up!
This market is in a medieval stage and so is the Technology!
None of these coins are making money: They are simply cash cows for the promoters by virtue of the fact that as long as they sell hype the price maintains itself or goes up. The coins need to turn a profit in their ecosystem!

PsylockReborn

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Quote from: jamesashmore1964 on June 15, 2018, 08:50:31 AM

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

There's always a rainbow after the rain. The lower it goes down, the higher it will bounce back up. We shouldn't be worried about this since we all know that crypto is very volatile in nature and there's always the possibility of going back to those values above $10k. The whales are just waiting for weaker hands to fold their cards for them to pump btc back up so take advantage of this dips and profit more in the future.

RaymondCrypto

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The only thing that is blocking the growth of crypto are government policy. The one who controls that Bank does not want to lessen their control of money.

jamesashmore1964

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Quote from: BruceJu on June 15, 2018, 10:03:54 AM

When some institutions invest in cryptocurrency, they are whales. We just don't see it. Although the recent market conditions are really bad, I think it will soon be okay, and this week there are a lot of good things. news!

A professional investor will not get involved in this circus as it stands: Wake up bitch!

Astvile

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I think it is just a natural market circulation. It had been a fruitful year for investors last year, so it is just normal to have some market correction after the bull market. The cycle will keep going and only patient people will be rewarded, so just keep holding.

AiwaDima

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Activity: 322

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Now in the market a lot of different coins and to choose really good and perspective is very difficult, therefore all are traded already known and coins and those that are on the market

jamesashmore1964

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Activity: 336

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Bitches: You can not rely on what the price of an ALT was at the BTC high of 20K because 20K is not in the equation for at least a year or more or maybe NEVER!

BruceJu

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When some institutions invest in cryptocurrency, they are whales. We just don't see it. Although the recent market conditions are really bad, I think it will soon be okay, and this week there are a lot of good things. news!

zhaviabieber405

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Well it was close to $10k just a few weeks ago. There seems to be a lot of good news recently so hopefully the market picks up soon.

CodyAlfaridzi

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Quote from: jamesashmore1964 on June 15, 2018, 08:50:31 AM

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

I don't think the lack of enthusiasm is the reason for the current crypto downtrend. The enthusiasm is always there and I think it's still growing. I can show you some examples to prove this:
- Bitcoin and crypto news are all over the mainstream media all the time. Every time Bitcoin made major price action, it'll be covered by the media.
- ICOs are still popping up with no signs of stopping despite SEC rules, etc
- Great development happening with LN Bitcoin!
- Number Bitcointalk visitors doesn't dropping much Tongue

You shouldn't compare the price with ATH. The ATH is simple a craze, FOMO fueled by institution picking up Bitcoin. Compare the price today vs a year ago. BTC was trading at $1,xxx in June last year. It was still a 3-4x return. Great, right?

asriloni

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Leading Crypto Sports Betting & Casino Platform

Quote from: jamesashmore1964 on June 15, 2018, 08:50:31 AM

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

this time the market is about under control of the manipulators. The latest news about the bitcoin can't be classified as security doesn't even enough to give a stable price. Look at the market and how more manipulators are creating another bearish trend again. The market is so unhealthy right now.

alfs75

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Quote from: jamesashmore1964 on June 15, 2018, 08:50:31 AM

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

Definetly its true that glory day's are gone for us now,and bearish in the market is what we feel us this moment,but all this things is temporary because we already know that there is coming bull run,even i dont know the exact month of when this implication begin,but my faith is still there,i never step aside to put all my dreams to nothing,thats why im still holding my faith to cryptocurrency.

jamesashmore1964

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Quote from: Futurm on June 15, 2018, 08:56:44 AM

At present in a bear market, bear market has been for a long time, although I in 9 k for the bitcoin, but I don't regret, I always watch the bitcoin in the future, so I would like to hold the bitcoin for a long time.

I sold at 9600: it was a gut feeling that something was wrong. Bitches from this website said I was nuts: This space has many people who do not understand markets and how they work. It is sad!

Futurm

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At present in a bear market, bear market has been for a long time, although I in 9 k for the bitcoin, but I don't regret, I always watch the bitcoin in the future, so I would like to hold the bitcoin for a long time.

francojon

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Activity: 238

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I don´t think so, the good times are yet to come, there are very serious predictions of an increse in cryptomarket assests and it is the time to catch the train.

jamesashmore1964

jr. member

Activity: 336

Merit: 3

There is not enough enthusiasm in crypto to see 10K BTC at the moment. Most dudes are swing traders and Institutional money will not entertain investing into a market whereby the Whales manipulate.
The equation has changed and you need to grin and bear it for the moment.
Best bet is to buy a coin with good fundamentals that has enormous potential.

Many coins have half baked tech and will be taken over in the future.

Topic: The Glory days are gone for the moment! - page 3. (Read 1491 times)