The hype ends ? | Bitcointalksearch.org

FireDAOJackie_Z

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Quote from: shinratensei_ on April 13, 2023, 06:50:25 PM

just because the bullrun is in pause, doesn't mean it's gone forever, the thing is, in every bitcoin bullish runs, even from few years ago, there's always some moments where it got pulled back, because it's waiting for a great chance for accumulation, moreover it also seems observing the general trend, right now there has been so many things going on like the collapsing of many banks around the world which it seems to have resolved already. currently the fact that bitcoin has reached more than $30 k is an achievement on its own mainly because, at least it has broken through some walls and potentially grow further. I remembered how the scenario played out in the previous bullruns, everyone was always hesitant when bitcoin slowly reaching its peak, until it quite literally scored new all time highs that the masses are starting to get fomo'd which of course already too late but the still make profit out of it, just shows how massive the bullruns was in few years ago.

Agreed. The hype was paused but not over yet. Today all coins are in green now so at least it shows that the market is marching towards the next bull run. I should have been grateful for the FOMO and bought some Bitcoin before the hype started. The BTC price is now stable above $30K, which is a great sign for the whole market. This year, as the news about the world economy is still negative, the crypto market will absorb more investment than ever. We are more confident in our project FireDAO and if you are free, pleas refer to our website https://www.firedao.co/ to find more detailed info. Hope you'll like it.

GreatArkansas

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

(....)
However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ?

With Bitcoin already back at $30,000 I think for me we are already not in the bear market anymore but I can say we are still not in a bull market. From what I can see, I am expecting Bitcoin to do sideways until 3rd to last quarter of this year.
About market fluctuation, I can say it's not really too much right now especially since we started back to $25,000 before.

shinratensei_

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just because the bullrun is in pause, doesn't mean it's gone forever, the thing is, in every bitcoin bullish runs, even from few years ago, there's always some moments where it got pulled back, because it's waiting for a great chance for accumulation, moreover it also seems observing the general trend, right now there has been so many things going on like the collapsing of many banks around the world which it seems to have resolved already. currently the fact that bitcoin has reached more than $30 k is an achievement on its own mainly because, at least it has broken through some walls and potentially grow further. I remembered how the scenario played out in the previous bullruns, everyone was always hesitant when bitcoin slowly reaching its peak, until it quite literally scored new all time highs that the masses are starting to get fomo'd which of course already too late but the still make profit out of it, just shows how massive the bullruns was in few years ago.

Wakate

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

We can consider that over because Bitcoin is still doing well in the market. The price of Bitcoin is still high and we hope to see more bullish trend coming to the market. Every cryptocurrency projects are trying there best to make sure they keep attracting investors with huge incentives to make sure that more persons buy more token so that the price of their coin will go upwardly just like Bitcoin had been doing. The hype just began and we are going to see more of it soon since this looks like the bullish trend is warming up to set the sire burning. I am very happy to experience this once again seeing the falling prices of different tokens rising up again to set another path.

Oilacris

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Expect hypes from time to time because it could really just pop out and could be seen on the market no matter what the time it would be.There's no way that we could get rid about this.
and we know that things do come and go when it comes to new project. For old projects like Doge and ETH then im not really that shocked anymore on what ever the price would be.
Hype could die and then suddenly comes back and this is what this market could really shown on.If you are a type of person who do easily get impulsive on the time that
you would be seeing things or news or events and fucked up your investment decisions then you should really be needing to change a bit.

sulendra12

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

This type of post really makes people misinterpreted the whole situation because it makes stuff become worse. Bitcoin is at $30.276 and little dump on cryptocurrency doesn't make the whole hype ends. This whole situation makes the cryptocurrency at a good spot in recent few months, because we've reached $30k on Bitcoin so stuff are looking at better side for now.

eaLiTy

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Quote from: asriloni on April 13, 2023, 12:21:46 PM

~
After elon changes the logo of twitter back to what it should be and it was giving a huge depreciation to the price of doge coin.
That hype that already made by elon was only happening for short term unlike when bitcoin will be going to the moon.

It will be making long term hype to the any altcoins in the market.

We should expect these sort of hype from Elon Musk as he is behind Dogecoin and the sole reason its market rises is because of his indirect promotion through Twitter and since he owns the social media company, i wont be surprised if he make Dogecoin the main coin for the platform to send money and that alone can boost the price further.

Since the BTCitcoin market is rallying people might sell off their alts and jump into the rally and ride them and it is common practice in this space.

podluznyj

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Quote from: Cling18 on April 11, 2023, 05:52:02 PM

The market isn't consistent and it's volatile and could easily change your belief in an instant. Speaking too soon about the prices wouldn't always be accurate because anything could happen instantly especially with Bitcoin. Bitcoin is actually pumping along with other coins so we can't say that the hype is over because we didn't even reach the bullish season yet. Anything surprising could happen unpredictably. Instead of worrying that the hype would be over, you better trust the potential coins that we want.

Yes, I agree, fickle and unstable, simply unpredictable, you can’t say what will happen tomorrow

asriloni

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Quote from: cute nmp on April 13, 2023, 11:27:19 AM

The market has been doing good for a few weeks now,Btc has reached over 30k recently which is a very good sign that the market is recovering and we may soon be out of the bear market hopefully.Think it will be a very good idea to buy some altcoins and hold for long,there can bring good profits if the bull market continues.

So many bad news related to the dollars. People are FOMOing it by buying bitcoin. As you can see that bitcoin has been surpassing 30k rate and that means if there would be more money was coming to the bitcoin.

This will not greatly impacting the price of doge coin. The hype is coming again right now. I guess if bitcoin keeps rising even higher and this will be triggering so many people to drive FOMO becomes even more crazier than before.
So many people have been preparing for the big pump that will come soon. The hype has not ended yet.

OP, since when doge coin was reaching its ATH. The peak price was more than 70 cents. After elon changes the logo of twitter back to what it should be and it was giving a huge depreciation to the price of doge coin.
That hype that already made by elon was only happening for short term unlike when bitcoin will be going to the moon.

It will be making long term hype to the any altcoins in the market.

cute nmp

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The market has been doing good for a few weeks now,Btc has reached over 30k recently which is a very good sign that the market is recovering and we may soon be out of the bear market hopefully.Think it will be a very good idea to buy some altcoins and hold for long,there can bring good profits if the bull market continues.

DeathAngel

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There is no doubt that the price of most coins & tokens will pump from 2024 to 2025 but it’s difficult to say what will happen for the rest of 2023. There is the lingering fear of a recession coming this year so at any point, if the US was to announce a recession the bullish momentum would end & price would probably dump.

It’s just so difficult to say, I would advise to buy & hold. Don’t try & leverage trade, it’s too difficult to call which way the market could move at the moment.

FireDAOJackie_Z

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Quote from: Rengga Jati on April 12, 2023, 05:22:20 PM

Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. ....

Yes, this is how the cryptocurrency market is, it won't be stable for a long time. There will definitely be a time for it to go down as a market correction and then go up again to a higher rate. The volatility level of crypto cannot be avoided especially like Bitcoin or altcoins which are not stable coins. This is not surprising. that's why there are some people who take advantage of this cycle to get profits from its ups and downs, from the hype or the drop. So that anyone who continues to survive in a market condition like this will continue to understand what should be done.

The volatility of Bitcoin is still reasonable in this market condition, which is good for us. When the bull run comes, it will be another different issue. The altcoins dependent on Bitcoin price are more volatile than Biticoin and we can see greens and reds rotate so often every few days. Now I realize that the hype does not help us gain profit if we previously did not buy and hold altcoins. Every investment and high return is about timing. Sometimes a good buy-in is based on in-depth market analysis and sometimes it depends on pure luck. We have to understand this well in order to make any wise investment decisions. By the way, you might want to check out project FireDAO if possible, https://www.firedao.co/, it will give you a clear idea of what we do and what you will gain in the future. Hope you like it.

Rengga Jati

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. ....

Yes, this is how the cryptocurrency market is, it won't be stable for a long time. There will definitely be a time for it to go down as a market correction and then go up again to a higher rate. The volatility level of crypto cannot be avoided especially like Bitcoin or altcoins which are not stable coins. This is not surprising. that's why there are some people who take advantage of this cycle to get profits from its ups and downs, from the hype or the drop. So that anyone who continues to survive in a market condition like this will continue to understand what should be done.

crzy

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Quote from: gurunanakji777 on April 12, 2023, 07:29:25 AM

As we all know, whenever the market rises, it also goes through a correction phase, and in my opinion, the correction phase has started now. Currently, BTC is trading at around $30K, but altcoins have seen more correction compared to BTC. Understand it as if we had maintained patience during the prolonged bear market earlier, similarly, we just need to have a little more patience now, and that's why I do not panic too much. Additionally, I wish to stay positive.

This could be the peak, and we might start to see a cheaper market again. We’re not ready yet for the real bull market, and corrections are necessary. The hype with Elon though to DOGE is just a price manipulation, Elon known by this move and for sure he already made a lot of profit from this. If you want to have good profit, you can follow the hype just think about the risk since its not always about making profit.

el kaka22

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If look at the CMC prices and movements, you will see that most coins are up right now. I wouldn't know about any ARB or whatever that is, looking at what it is right now it shows a coin that is ranked 40th, I don't really go down that low. But if you look at the top 10 or even 20, you can see that aside from meme projects like Doge, which I warned against buying since it would fall eventually after the doge hype of twitter died down, is still going strong.

I mean the only ones going down are doge projects, shiba and such, other coins like btc, eth, bnb and many others are up, look at SOL it is up so much. So unless you are investing into a silly project, you should be doing fine and none of this should be an issue for you.

Kelvinid

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If we notice how the market move, there is no straight line going up and certainly, we can experience price corrections and drops. It was very common in a volatile market and it doesn't mean anything like the end of hype or something bullish. Drops or corrections will always come next after the pump and why? Because people are not always buying nor they are holding tight, some losses their grip and sell when seeing the price rise and we probably know what will happen next when there is huge volume of selling...

gurunanakji777

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As we all know, whenever the market rises, it also goes through a correction phase, and in my opinion, the correction phase has started now. Currently, BTC is trading at around $30K, but altcoins have seen more correction compared to BTC. Understand it as if we had maintained patience during the prolonged bear market earlier, similarly, we just need to have a little more patience now, and that's why I do not panic too much. Additionally, I wish to stay positive.

Mr. Magkaisa

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- I think the hype will never end, because it is part of this industry, bear or bull market the hype is still available at any time.
Because this is one of the most important strategies to get or attract potential investors.

In addition to that, most people know that when the value of bitcoin increases, Ethereum always follows, and then Bnb, Matic, and other altcoins in the crypto space listed among the top altcoins.

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

hype to be still on as Bitcoin continues to return at 30k level and so as altcoin following the act

https://coinmarketcap.com/

Ethereum and other altcoins are still in greens so yes we are still in good shape.

this may run for another day or week but always be ready to what will come sooner.

Dave1

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Quote from: FireDAOJackie_Z on April 11, 2023, 09:52:38 PM

Quote from: Yaunfitda on April 11, 2023, 05:43:38 PM

Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

You spoke too soon though, bitcoin is now over $30k if you haven't check the price in the last 24 hours. And all major altcoins have also increased because of the trickle effect of bitcoin.

So the moral lesson here is that the market is very volatile, when you thought that there is no hype as we have been trading sideways for the past 10 days, comes this huge uptick in the price due the news of the CPI report coming in the next couple of days the the feds are going to cut the rate or it could be the same as last month, which means the the economy is improving.

You are right. The Bitcoin price pumped over $30k one day after I created this thread. I soon realized that the market needs correction but will bounce back sooner or later. Other alctions have also enjoyed a price surge because of Bitcoin. The signal shows that the whole market is on the road to a bull season and the world economy is improving although it won't come out of recession soon. Holding some Bitcoin now seems to be way profitable until the bull run comes.

Yeah, market needs some break out run or minor/major correction, in this case it was a break out run for us as bitcoin for example rose to over $30k overnight. And some altcoins too has some pump as well.

We will see what happen next then, will it be $50k or $20k.

As for altcoins, there is one update on Ethereum that might boost it's price to $2k. So there's a lot of good news that we might hear in the future causing the price to go up again.

borovichok

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Quote from: jrrsparkles on April 11, 2023, 10:26:39 AM

BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.

Price actions is another thing that triggered the up and down movement of the market. I'm certain about the market, because there is no reliable confirmation of when bullish charts would be present, we might have seen a glitch bull. Although, because it is what Bitcoin is known for doing, it will create consolidation charts and move gradually. Without adequate entries and market analysis, we cannot just anticipate bull runs. In the past, Bitcoin has caused some beneficial pumps and dumps; but, this is just a challenging bear phase that affects the entire space in addition to bitcoin.

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Quote from: jrrsparkles on April 11, 2023, 10:26:39 AM

BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.

Bitcoin started the bull run when people start to have confidence in cryptocurrency, I'm expecting that we will have a correction around Q4 2023. Although Bitcoin already crossed 30K its still a good price to accumulate more before halving started, if we buy after halving we can't miss the opportunity to buy Bitcoin at a discount price.

FireDAOJackie_Z

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Quote from: Yaunfitda on April 11, 2023, 05:43:38 PM

Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

You spoke too soon though, bitcoin is now over $30k if you haven't check the price in the last 24 hours. And all major altcoins have also increased because of the trickle effect of bitcoin.

So the moral lesson here is that the market is very volatile, when you thought that there is no hype as we have been trading sideways for the past 10 days, comes this huge uptick in the price due the news of the CPI report coming in the next couple of days the the feds are going to cut the rate or it could be the same as last month, which means the the economy is improving.

You are right. The Bitcoin price pumped over $30k one day after I created this thread. I soon realized that the market needs correction but will bounce back sooner or later. Other alctions have also enjoyed a price surge because of Bitcoin. The signal shows that the whole market is on the road to a bull season and the world economy is improving although it won't come out of recession soon. Holding some Bitcoin now seems to be way profitable until the bull run comes.

Psynthax

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we are not exactly in the middle of bullish season anyway, these are generally just some small recoveries and will definitely encounter some correction along the way.
but, as many have said which I'm agreed to, you definitely judging these coin too soon, there are still so much times for bitcoin and other coin to get massive bullrun, right now these coin are like just testing the water, seeing if the sentiment of the market are still hugely bullish or bearish, but it seems the negative sentiment has significantly decreased, now most coins aren't even in the state of oversold.
definitely that means, it opens up a chance and opportunity that cryptocurrencies could be having the bullrun in the future, of course, it might happened within 2 years into the future, or even more, no one knows.

Cling18

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The market isn't consistent and it's volatile and could easily change your belief in an instant. Speaking too soon about the prices wouldn't always be accurate because anything could happen instantly especially with Bitcoin. Bitcoin is actually pumping along with other coins so we can't say that the hype is over because we didn't even reach the bullish season yet. Anything surprising could happen unpredictably. Instead of worrying that the hype would be over, you better trust the potential coins that we want.

Yaunfitda

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

You spoke too soon though, bitcoin is now over $30k if you haven't check the price in the last 24 hours. And all major altcoins have also increased because of the trickle effect of bitcoin.

So the moral lesson here is that the market is very volatile, when you thought that there is no hype as we have been trading sideways for the past 10 days, comes this huge uptick in the price due the news of the CPI report coming in the next couple of days the the feds are going to cut the rate or it could be the same as last month, which means the the economy is improving.

smyslov

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Quote from: vitya1982 on April 11, 2023, 01:26:31 AM

What an interesting timing for this thread. BTC hits $30K just on the next day and internet explodes about it. I just hope it's gonna keep that level and the altcoins will follow.

Yeah, I just notice it today when I checked my portfolio so far for the last three weeks Bitcoin is great and will continue to perform better as we get closer to the next halving, and without any FUDS in the market we will go to the next price level probably the $40k mark, some altcoins will follow Bitcoin but these are altcoins that have proven their worth their worth for years.
I'm just disappointed that some new altcoins that are in my portfolio that I expect to perform when the market performs better are not doing good.
This is one of the risks of investing in new coins.

ije07

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If we look closely at the movement, Bitcoin does almost the same, and when March experiences a fairly high correction, there will be a price reflection in April. The euphoria will last through the end of the year if it continues and the market conditions are favorable. Be ready for everything because there will undoubtedly be a correction back till next August. Regarding the current excitement surrounding Doge, society continues to rely on Elon since every time he says something about the coin, the market price will change as a result of Elon's influence.

Marykeller

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Quote from: FireDAOJackie_Z on April 10, 2023, 09:13:57 PM

The market is all good now. Today the Bitcoin price has surged to somewhere around $30,000. A lot more people will buy in as the market continues to stride. Good for us.

Finally, the $30k bitcoin price came to be. Since the bitcoin price hits $30k, the whole crypto market has been green. Altcoins that have been stagnant in price for a long time have gained in price. This will result in many investors rushing to invest in bitcoin or any altcoin of their choice, based on FOMO.

Apocollapse

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This year Bitcoin price high likely will not break new ATH because the halving event will happen in the next year, this year the price will stay at around $25K - $40K, it's already good enough, don't expect to high in this year.

Quote from: Johnyz on April 11, 2023, 09:30:47 AM

Elon should be more responsible for doing such hype.

He was been warned in the last year since it's when the Dogecoin price up and people are hype with meme coins, it's followed by other meme coins like Shiba Inu and other doggy coins.

jrrsparkles

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BTC crossed 30K today and other coins too increasing so the bull run just started not ended whereas we can expect a correction sooner or later so for altcoin investor its good time for short term investments but don't choose just random coins and also make sure you utilise the stop loss feature of exchange to avoid loss incase of market correction.

fvb

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I can’t say with great certainty that everything went up. But what is happening at the moment is already better than it was a long time ago. And I am glad that new promising projects are appearing, and the old ones are opening up a second wind, but in general the situation is pleasing and I think that there is an improvement

Johnyz

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There's no need for a hype with Bitcoin, it is the living proof of a better crypto.
It is not manipulated by any individual, though a big news can affects its price but in the long run Bitcoin will always prevail. What can you expect from Elon Musk? He's not a good guy and only promotes for his own benefit, imagine if you follow that hype and get trap again. Elon should be more responsible for doing such hype.

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo to Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation? Until the next bull market comes, is this hype considered over now? Please let me know your thoughts. By the way, I am with the FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiries.

The hype is not over yet as there is a new price trend now that bitcoin have crossed $30,000 this will be another ground for so many altcoins to also pick in their market any moment from now since they always follow the bitcoin market trend each point, bitcoin has to open another round of price speculation in the last weekend when it made that significant move and I also see how other coins are already showing positive outlooks in their charts this morning.

This year may be another bull year for Bitcoin, but I can't say that for sure for altcoins since the altcoin market is highly volatile and highly centralized which allows it to be easily manipulated at whatever time.

Take a look at the altcoin market to see some insane price movements that are beyond market analysis, those are the pump we are talking about, the price can do 10x within a few hours it will take 20x shade off when the prices of the leading asset correct back, this is how bad altcoin pump is.

Jackl87

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

I personally would still say, that the overall market conditions are still positive in the crypto space. I mean for example BTC was going up from around 17k $ per coin to now 30k$ within the last 4 months or so. So i would guess that everyone agrees, that this is a huge positive price movement. At the moment the 30k$ mark is tested, which is a pretty important symbolic barrier. Of course it is also just normal, that the price can not go up 5% every day. There need to be time spans between the pump where the price is going sideways or even going down a bit again, because people are taking profits and selling a bit of their holdings too.

Fundamentals Of

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The hype can only be applied to Dogecoin I think. Elon Musk started it with another antic. Aside from Elon replacing the Twitter logo with Dogecoin's logo, there is nothing special development or update announced about Dogecoin. As to Bitcoin and Ethereum, I didn't see any hype. Bitcoin's upcoming halving is not yet causing a hype. Ethereum's next upgrade is also not causing the kind of quick hype that Elon caused to Dogecoin's price.

livingfree

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000

You've typed one more zero for ETH's price and right now, it has reached $1900.

Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong)

I see on its chart that it's around $1.54.

Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Well, the hype is starting to get near again because the bull run might occur soon. These market fluctuations are normal and whenever bitcoin shows dominance and increase in price, all cryptos are following.

yazher

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Quote from: raidarksword on April 10, 2023, 03:48:12 AM

A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

When the price suddenly drops, that's not a sign of the end of the hype rather sometimes it's just a matter of common basic things that are always happening in the crypto market. remember that the crypto market is volatile and things like this can always occur but that does not mean that it won't recover and push even harder than it was. sometimes after correction, there will be bull runs after that and it will be best if you can just hold on to your investment rather than panicking and blindly selling it without hesitation because there will be a chance for the price to increase after that.

Chainsmokers

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Quote from: mich on April 11, 2023, 03:59:56 AM

Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.

Either way it's a good thing but we need to look at it as a whole because anything can happen,
hope Bitcoin continues to show a positive trend,
the important thing is to continue to follow developments and let's see whether it will be a bull run or not.

mich

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Yes I am just about to say this. I think the hype is now going to begin to pick up even more now. Bitcoin is 30k and the alt coins are showing gains also.
It took us a long time to break past this 30k. We did not see a Bitcoin price of 30k again since June of last year which is almost 1 full year. Maybe we can prepare for a 'bull run'.

Mttewndew

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The recent market correction may have put a damper on things, but it's important to always stay on top of security when it comes to our crypto assets. That's why I love using XGo and their WalletID feature. Not only does it make accessing my funds easily, but it also reduces the risk of sending funds to the wrong address. Sounds great if you ask me.

vitya1982

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What an interesting timing for this thread. BTC hits $30K just on the next day and internet explodes about it. I just hope it's gonna keep that level and the altcoins will follow.

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Quote from: FireDAOJackie_Z on April 10, 2023, 02:44:17 AM

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $18,000, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Doge is well, Doge, I don't think we need to mind the pumps and dumps there. Bitcoin going up to 28 was probably just it correcting itself after some massive dumps last year, honestly should've been sooner but with back to back negatives about the crypto scene, well, this is what we get (and to note crypto just rose up to 30k recently). Eth and probably other crypto markets just followed BTC I reckon.

As for the future ehh, a sideways movement leaning more on growing the price. It wouldn't show explosive changes but gradual instead imo (maybe except some booms here and there)

Luffygroove

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Nah, I think it's only how crypto works nowadays in the sideways season. Some peaking happened because of a couple of good news stories here and there. For example, this surge in the price of Bitcoin to $30K was because of some good news, like that China seems to be glancing back at bitcoin, as Douyin shows the bitcoin price live (source: https://twitter.com/CoinWOfficial/status/1645461730833858561?t=2-_iFGkxNgn1FwC6WjORIw&s=19), and bitcoin becomes the best investment in Q1 2023 (source: https://technext24.com/2023/04/04/bitcoin-shines-in-q1-2023-time-invest/) and more I believe the real bull run will still happen in 2024 or 2025 if we refer to history, when the bitcoin halving will be coming.

peter0425

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when you created this thread , Ethereum already have reached 19 hundred and not 1800 .

and hype ending? Am not sure because just this moment , Bitcoin had 30k and ethereum is almost 2k , meaning the bull is just starting .

and the hype is only traying to start up , maybe we will be seeing in the next couple of weeks there is a changes but then there are no assurance , because recovery and correction is always go together.

bittraffic

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The thrill is gone for Doge. It only rises a few cents after Musk changed Twitter's logo to doge. But I think it's only because most of the investors today are focusing on investing in BTC. BTC is the most popular after all. But sooner when the sell orders on Doge are only a few, we will see the price goes up. It should be obvious by now that Doge is up there on the ranking.

FireDAOJackie_Z

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Quote from: raidarksword on April 10, 2023, 03:48:12 AM

A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

Yes it is. The market is all good now. Today the Bitcoin price has surged to somewhere around $30,000. A lot more people will buy in as the market continues to stride. Good for us.

raidarksword

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A little correction with the market is not that alarming at all hence market has its own cycle to begin with, likely we are in good market conditions that indicates more recovery more to come, in short the market is bullish. The hype is still there and no need to worry about it because bitcoin is making good charts that also indicates we will repeat a same scenario for the upcoming bull market and halving as well.

FireDAOJackie_Z

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In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Topic: The hype ends ? (Read 328 times)