The prevailing market condition a blessing?

deisik

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Quote from: buwaytress on March 23, 2019, 11:04:44 AM

It's always a bit weird for me to consider when people talk about high coin prices when Bitcoin can be bought in fractions many times lower than a (US) cent. It's never mattered at which price, you buy what you can. At a theoretical $1 million BTC (which has been theorised by several hyperBitcoinists, least of them the infamous McAfee) would mean most people couldn't afford 1 entire Bitcoin anyway

I'm afraid there's more to it than you think

First off, you can't actually buy less than a certain amount of Bitcoin. For example, at Bitfinex the minimum you can buy is 0.004 BTC at the moment which amounts to approximately 16 dollars at current prices. Indeed, the world doesn't end (or start) at Bitfinex (though things are not a lot better at other places), but then there's another catch with Bitcoin fees (which may well be a catch-22). These fees are definitely higher than a US cent (let alone many times lower than that). In this manner, even if Bitcoin is infinitely divisible per se, the transaction fees make smaller purchases impractical down to outright impossible, with the implication being that it is in fact a question of affordable

Hannahanto

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Quote from: Malsetid on March 27, 2019, 02:11:50 PM

Quote from: avarnet on March 27, 2019, 01:20:49 PM

the current market situation is good enough for daily traders because the coins have started to keep rising prices so traders can get results even though they are not too big value

No i think it's better for long time holders than dsy traders. You can see that even if the market moves upward, the difference isn't that much. It's a blessing for those people who missed cheap coins a year or two ago and is now getting a chance to buy at low prices. Still it's for a long term holding.

Exactly. The difference is less and obvioulsy can not gain more profits with less investment. But as a day trader, i would say, for an example, buy minimum 10 ETH and do a day trading. Even if the day begins with ETH's value $135 and goes up to $135 lest say, try to come out and get in for few times. I would say, certainly you can gain upto $30 profit a day which is seriously a good amount. Try it out. Long term investment obviously yes a good idea to go with.

Malsetid

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Quote from: avarnet on March 27, 2019, 01:20:49 PM

the current market situation is good enough for daily traders because the coins have started to keep rising prices so traders can get results even though they are not too big value

No i think it's better for long time holders than dsy traders. You can see that even if the market moves upward, the difference isn't that much. It's a blessing for those people who missed cheap coins a year or two ago and is now getting a chance to buy at low prices. Still it's for a long term holding.

Tagus45

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That is true, but at low prices it does not directly make investors interested in adopting crypto currencies, and I think they are full of consideration before deciding on a choice, and they may be more interested in adopting it when the market shows recovery.

avarnet

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the current market situation is good enough for daily traders because the coins have started to keep rising prices so traders can get results even though they are not too big value

futile-resistance

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Quote from: jrrsparkles on March 26, 2019, 07:41:57 AM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

I think the best thing for anyone who wants to make instant money from cryptocurrency would be to trade or lend to those who trade and if they can’t it is advisable to buy and wait for a long time. Bearish market is the best time to buy Bitcoin then wait till bull run. I can attest to the fact that this bear market is a blessing in disguise.

In 2017 I really wanted to own a bitcoin but because it was high then I had to wait. Prior to last month I got more than I would have gotten and I am willing to wait for it to rise. So, bear market gives us the opportunity to buy more bitcoins at lower prices and then sell higher at prices during the bull run.

jrrsparkles

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Quote from: Fredomago on March 26, 2019, 11:42:39 AM

Quote from: jrrsparkles on March 26, 2019, 07:41:57 AM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

If they will not understand anything about this investment / market, then they will not take any chances to invest, the bearish market will mostly
send them away as they don't know what they are doing, but for those who understand it's really a good options for them.

Its for the people who want to make profits since it is just a common thing we need to remember that when we want profits we need to buy them at low and sell them at high.So currently the price is low so who want to get profits then it is the time for you to act.

andika2018

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Quote from: imstillthebest on March 26, 2019, 11:00:05 PM

Quote from: carlfebz2 on March 26, 2019, 05:57:44 PM

Quote from: Netnox on March 26, 2019, 01:33:01 PM

This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

It do still counts because if you do try to compared the price on ATH and compared to this moment the price difference is too huge and basing on average persons capacity when it comes to investment
can really possibly give out chances for them to buy cheaper or enter to these levels.

that if we will only based on the cryptos ath's but if we will based on the starting price of cryptos we can clearly see that they are all afordable before than compare to thier current price today , that is because the demand or the adoption that time is not yet huge when compare to the demand today because cryptos are really quite popular .

every kind of market condition ( dumped or pumped ) both are a belessing because we all can buy cryptos at dump and we all can sell when cryptos are pumping .

Agree, its a blessing for us because we can buying more or accumulating coin at cheaper price. Mass adoption not about the price and i think its about technology and regulation. In bearish condition, we gain experience how market move and fluctuating.

maydna

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I think if people want to invest in crypto, they can do in this year because the price is back to the low price. And for people who cannot invest in 2017, of course, this year will bring them a chance to invest in many coins. But perhaps, they already did in the last year because I think the very low price is happening in the last year.

Besides that, I think this year will be a good time to see the adoption will continue, many news talks about crypto, and it will attract more people to come into crypto itself. This will bring benefits to crypto because with so many news in out there, good or bad news, and people will still come to the crypto so crypto can grow more in the next year. Perhaps, we will see an exploding of the cryptocurrency after the middle of the year, and once it happens, it will give a chance for the price to start the rally.

Robotbitcoin22

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we can get learning when things like this are happening now, this is where we will get experiences that are indeed invaluable, we will get many new things when market changes occur

imstillthebest

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Quote from: carlfebz2 on March 26, 2019, 05:57:44 PM

Quote from: Netnox on March 26, 2019, 01:33:01 PM

This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

It do still counts because if you do try to compared the price on ATH and compared to this moment the price difference is too huge and basing on average persons capacity when it comes to investment
can really possibly give out chances for them to buy cheaper or enter to these levels.

that if we will only based on the cryptos ath's but if we will based on the starting price of cryptos we can clearly see that they are all afordable before than compare to thier current price today , that is because the demand or the adoption that time is not yet huge when compare to the demand today because cryptos are really quite popular .

every kind of market condition ( dumped or pumped ) both are a belessing because we all can buy cryptos at dump and we all can sell when cryptos are pumping .

tonyja2017

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

yes, that is true. Because the price of altcoins has returned to their actual prices and there is no reason businesses do not want to cooperate with electronic money businesses. Low cost, technology will also be cheap.
This is a great opportunity to use blockchain around the world at a low cost.

carlfebz2

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Quote from: Netnox on March 26, 2019, 01:33:01 PM

This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

It do still counts because if you do try to compared the price on ATH and compared to this moment the price difference is too huge and basing on average persons capacity when it comes to investment
can really possibly give out chances for them to buy cheaper or enter to these levels.

arpon11

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When bitcoin was getting pumped in 2017, many newbies were confused and many of them see bitcoin as too expensive to invest in. Some were afraid of buying a whole bitcoin at $20,000 or $17,000 and if it get dump it might affect there fund and since it is new they may lose all their investments. However, now bitcoin is too cheap compared to then and that is a kind of blessings to those that could not afford it last two years. With ten thousand dollars one can easily buy 2.9 bitcoin and if you can hold it for long term that is huge money for you when bitcoin started rrecovery.

Netnox

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This post makes no sense. How can you say that earlier they were not affordable, and now all of a sudden the situation has been reversed? All the cryptos are infinitely divisible. So the question of affordability does not arise.

Fredomago

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Quote from: jrrsparkles on March 26, 2019, 07:41:57 AM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

If they will not understand anything about this investment / market, then they will not take any chances to invest, the bearish market will mostly
send them away as they don't know what they are doing, but for those who understand it's really a good options for them.

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Quote from: Aldrinx00 on March 25, 2019, 11:18:47 PM

Well we can always buy a portion of cryptocurrency that we want and i think this bear market is truly a blessing because we can buy more in a lower price compare to that higher price in 2017. Best thing to do now is to accumulate then just hold and wait for the bullrun.

That will be a big chance for us to buy so many coins in this year, but I think the best opportunity for us to buy the coin is from the last year. I see that in the last year, the price is down too deep although now the price can increase for a small price so we could still buy at a low price. As long as we can choose the right coin, we will get a chance to make a big profit in the bull run.

jrrsparkles

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Not really,

We can't say that people will invest on crypto currencies when the market is bearish because their hope on the crypto is to make money so they are not going to make profits until it keeps in bearish mode so we can see more investors at the bull run when compared to bear run.

TheCoinGrabber

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Couldn't care less about alts. But yes, the pricing makes it more affordable to buy bitcoins. Only problem is that the lower price is also scaring away some people but then again, everything have risks. More bitcoins for believers I suppose. If you risked buying when everyone think it's sinking, you can consider it a "reward" if you were proven right.

Aldrinx00

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Well we can always buy a portion of cryptocurrency that we want and i think this bear market is truly a blessing because we can buy more in a lower price compare to that higher price in 2017. Best thing to do now is to accumulate then just hold and wait for the bullrun.

omonuyak

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For those that have been in this market for long they can testify that the prevailing bearish trend is a great blessing because it is very important to buy into cryptocurrencies when the market is very low and sell when it is too high. you have to invest at the right price before think of making profits.

Beerwizzard

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I would say no.
Currently the adoption is pretty bad. Even if people have a chance to buy something for BTC they still don't do it. All recent legal improvemend are coming with time, it doesn't have anything significant in common with market.

incomefromcoins

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If we are looking for long term results and long term profits entering into the crypto market at these prices will automatically put us in profit in the coming bull run

justspare

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Quote from: Indrawan77 on March 24, 2019, 12:58:58 AM

I think it's a blessing because I like to see the price become more stable, the rising is slow but stable, the rush rising is going to create major correction and that could scare away the potential investors

Lol

. Have you noticed that the majority of those that comes here to complain that they bought at the peak price are newbies. They are likely to be greedy, and for sure they invested due to what their friends told them. Just like one of my friends that is always saying that Bitcoin is a way to make quick money. He deceived a lot of others and told them that price will continue to go up and that was in 2016 I guess Roll Eyes

. Now a lot of them are regretting and blaming the guy For deceiving them.

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Maybe… majority of those you see who are complaining now are those who got into the market out of fomo and now they are regretting why they did it. So, the mistake was from them and the worst of it all is that they never cared to take action when the price was dropping from that peak price, rather they kept staring at it till it crashed over fifty percent. As for me, this is another opportunity.

bhadz

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It is a blessing for those who have been waiting for the bottom. But there's still people that aren't willing to invest at the bear markets, they are afraid that the market can do no better than it was before. For an investor, you have to be optimistic and understands the logic of the market while it's on its lowest. Though there's a possibility that it cannot rise again but in cryptocurrency and mostly for bitcoin, it's impossible to rise after all of these years that it has been there.

crzy

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Quote from: shinharu10282016 on March 24, 2019, 01:59:31 PM

I agree that it is quite a good indication that it is indeed in a very better condition right now.

But I believe the market also lost a lot of investors who believe they can make money out of it.

That’s because of the previous dump and i think this year will really be different. We have good times now to buy more good coins and believe in this market again, don’t hesistate to invest you still have an opportunity to recover your losses. This is the positive side of the market, rise after fall.

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Quote from: tomahawk9 on March 24, 2019, 02:54:13 PM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

So can we say that the bearish market drives adoption of Cryptocurrency?

If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.

Technology behind is one of the main reason why people do tend to embrace crypto.Yes, inspite into their price it doesnt really matter at all. Seeing these low prices are indeed a blessing but
only on investors side but for those who are after for the tech behind then it wont really matter at all.Adoption is much preferable on gradual state rather than on high hype spikes.

lutfi-hasan

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Yes, for new investors who have a lot of money it is very good the current market conditions to start investing, because the price is very low and has the potential to go up again next year, because next year is Bitcoin Halving.

aimata27

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Yes, you said it yourself. These low prices that we are encountering is a blessing for us. It is the best time to invest for the investors so they're filling their bags as much as they can so when the time that the bulls ran again, they'll gain so much profit from it.

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

So can we say that the bearish market drives adoption of Cryptocurrency?

If that were the case, then the adoption rate of cryptos would've increased massively throughout 2018 and this year...But that didn't happen. Merchants and companies kept accepting cryptos as payment even though we were (or are?) in a bear market, but it wasn't because of the market conditions, it was mainly because some people are willing to embrace new technologies for their business, in this case, cryptos, regardless of their price.

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

There are several types of investors when it comes to any market, there are people who only invest when the market is rallying in a bull market and then there are investors who like to purchase when the market is down and wait for the long hold, then there are investors who like to invest in any market situation and like to take risk and then there is future market for high risk investors and it is a booming market with over a trillion dollar in investment. Adoption will happen eventually and there is no doubt regarding that.

shinharu10282016

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I agree that it is quite a good indication that it is indeed in a very better condition right now.

But I believe the market also lost a lot of investors who believe they can make money out of it.

Muzika

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

We cant say that those people who dont invested before due to high price of ICO will be investing in todays market, there were lots of accusations in the ICOs they are scams therefore it prevents investors to enter market even the price is too low.

Sebas.tian

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It is for me. The current market condition enables me to buy the coins I want whenever I have the money. Also the people are more focused on accumulating now so the people now are not exactly focused on the price rather they are more enthusiastic in the underlying tech.

Kevin77

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I think the good part about having "satoshi" is that you can invest however much you want, even when the prices were at 20 thousand dollars if you wanted to buy less you could have bought like 0.01 bitcoin. So, I do not think the entry barrier being high was the problem, the problem was how could we sustain going up forever. Like its great that we reached from 900 dollars to 20 thousand dollars in less than 6 months but what about afterwards? How can you continue going from 900 to 20k to 40k?

Short answer is you can't, that is why we went down. I think the real question is will we have another super skyrocket now which will make it unsustainable again or will we have a slower increase, I will prefer going to 20k again in 2 years than 2 months, that would make it sustainable at least.

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

maybe you are right the adoption of cryptocurrency will give the confidence for the new investors to get convenient profit at the end but if anything will say the market is very low so we cannot move forward without any changes in this market and the discouragement will continue to happen for the existing investors.

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Quote from: Ucy on March 24, 2019, 02:11:20 AM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.

Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?

Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.

I think it's relatively affordable or not. we can buy as much as we can, and don't have to buy it in full. we can buy it in pieces. the most important thing is that bitcoin has a multiple increase, so that we also multiply. I am not oriented to the high cost of bitcoin, but the quality of BTC is more important in my opinion

BlueStackz

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It is just ripe for the taking for us right now. I mean the price is certainly low right now and we can't be sure if it won't be any lower but at the end of the day it is definitely low for what it could be in couple of years. Right now, we can consider the price very cheap for what it can be lets say in 2025.

People are looking bitcoin and profits very short term, like you gotta buy something and make money in couple months at most, possibly in the first week you buy that.

Nevertheless, if you look at it like a long term investment even people who bought from $20k (even though it is definitely a bad investment at this point) will be profiting more than they know in a decade, when all stocks go up like 100%-200% at most in a decade bitcoin will be up x10 and even more maybe. Hence right now it is by far the best option we have.

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Quote from: leonair on March 23, 2019, 02:07:35 PM

You can buy a 16 inch pizza and eat it for yourself, luckily there are some smart businessmen who offer to sell a a fraction/slice of it then it's up to you if what you 'choose' and so the logic is the same with Bitcoin.

It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'

Yes, Everyone can enter in bitcoins for sure as there is no minimum investment. You can buy a fraction of a bitcoin if you are not so rich to buy the whole bitcoin. The the good thing is that those people who will invest in 2019, will remain in profit and as market is already at its bottom and will move upwards from here.
Think of the people who invested in 2018 and most of them are in loss. Cry

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.

Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?

Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.

Indrawan77

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I think it depends on how people see it, some say its blessing because all the coin become more affordable, some said it's bad because they bought it at peak and until now there is no sign the price is going to reach that level again, for me I think it's a blessing because I like to see the price become more stable, the rising is slow but stable, the rush rising is going to create major correction and that could scare away the potential investors

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take all opportunities in any market conditions. when the bear market, it can be a blessing when we dare to buy and add assets to our portfolio and wait for prices to rise. if our perspective is always positive in market conditions, then all will be okay.

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Is it a blessing to cryptosphere?

It isnt a blessing but rather an opportunity and as an investor you should really see it this way considering that cryptospace
do really have that potential when it comes to future but it wont really be that easy if we do consider on how much coins overall in the
entire market which means selecting the best coins should be crucial and should really be needed with good research and decisions.

hahay

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Bad and good events certainly have different blessings if we realize it when the market is bearish but on the other hand adoption is increasing and market activity continues, it proves that crypto investors and traders are not worried about the bearish market itself, because there are still other benefits that can be utilized at each moment that happened. So, there is nothing that needs to be pessimistic when bearish happens because the opportunity to reach the top is still open for those who continue to struggle to get it.

lutfi-hasan

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I think the current market conditions are a blessing for people who want to invest in Bitcoin, because the price is very low, I am very enthusiastic because the prices are very affordable at this time to buy.

Godday

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Quote from: Crypdon on March 23, 2019, 06:12:30 PM

Most investors are dumb, that is why there are much fewer whales in crypto than there are regular investors. They will wait for the price to rise before investing and then only make a few coins

not all investors are stupid. it's just that sometimes they are confused by changing market conditions and they are sometimes doubtful about the right time to do investors. the problem is that the best time for investment is indeed not determined. so most investors think that when the price goes up it's the right time.

Crypdon

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Most investors are dumb, that is why there are much fewer whales in crypto than there are regular investors. They will wait for the price to rise before investing and then only make a few coins

Theb

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

So can we say that the bearish market drives adoption of Cryptocurrency?

Adoption? As far as I know the bearish market had made crypto hodlers more frugal in terms of holding their coins rather than spending it compared to when it's prices are high. It didn't made establishments accept Bitcoin into their stores as a lot of them had pulled out BTC as a mode of payment as soon as the downward trend started. Don't be mistaken by the opportunity hodlers have now in the market for adoption as that is really not the case I am seeing right now, they bought it to hodl not to use as a payment in the near future.

rizkyhiw

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

All investors have very good expectations, such as waiting for the bullish market to come, it is something that is very much awaited but when will it happen? everything is unpredictable, from that most people think of always waiting because in many cases some people predict the market but it is out of a path of misery so people are deceived by such talk, so they have little fear of making decisions too quickly, even on bearish markets there are many opportunities to invest in a very cheap price compared to the peak price at that time, I believe the market is very potential to rise, that's all because the problem of time cannot be determined by me.

kryptqnick

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

If the bearish market encouraged investments, it would stop being bearish very fast due to increasing demand. Yes, cryptos became more affordable, but it does not really help mass adoption much. Why? Because now that people have seen how fast and easily Bitcoin fell from $20k to $6k and then to $4k, they are afraid to invest or use it much. Retailers need stability, they don't want to take additional risks with their profits that would result from volatility of the currency. Investors are also less interested, because 'the bubble exploded', and they don't believe in recovery. So no, it's not even close to a blessing to a cryptosphere, but it might be a chance for some new investors to profit if they believe in the future of cryptos.

LUCKMCFLY

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

I think that for operators who think about the style of an investor, it turns out to be a blessing, since it is paradise to buy cheap, and wait until the market in general rises, some altcoins are very undervalued, this is the ideal time for purchase of them.

For a market speculator, it is advisable to follow the direction of the market, so that in each movement of the altcoins can take advantage, as advised by Jesse Livermore in his book "Memories of a Stock Operator", many operators know what is going happen, what they do not know is when it will happen, that is why many investors buy and buy to wait for the moment that bitcoin begins its bullish stage.

Vaskiy

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Truly the prevailing market condition is a good blessing to users who have been with plans to make an investment into cryptocurrency. As the present market is in downtrend, investing now will give added profit on having patience to hold. There are people who invested when the price of bitcoin was above $15000, compared to that the present market is a blessing for all cryptocurrency investors.

leonair

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Activity: 1260

Merit: 390

You can buy a 16 inch pizza and eat it for yourself, luckily there are some smart businessmen who offer to sell a a fraction/slice of it then it's up to you if what you 'choose' and so the logic is the same with Bitcoin.

It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'

r1s2g3

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I am alive but in hibernation.

Quote from: mangsitin on March 23, 2019, 07:57:41 AM

Yes, I am very sure that at this time Crypto prices are very cheap, and for new Investors it is highly recommended to buy at current prices. Because the downturn is very sharp, we know 2017 prices reach $ 20,000, and currently only $ 3800.

You need to be updated buddy. Price crossed $4000 a week ago.
I think that current price is a good entry point.

Reid

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Activity: 2912

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That will just equal the number to buy.
If you know that it is at all time low then where else you should go?

The prices change a lot of time so why not make a use of it.
Take the profits whever you can. Do not be attached by it.

BrewMaster

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There is trouble abrewing

Quote from: Ezenwanyi on March 23, 2019, 04:43:28 AM

Thinking out from the box, I think you are right.
The beariish market condition made it possible for some potential investors to buy into Cryptocurrency.
Those who were not able to get in prior to 2017.
The market encourages more user participation through the low price of digital assets.

sorry to say this but that is the dumbest statement that i have read in a long time.
first of all the "affordable" part which OP and you in form of "made possible" are saying doesn't make any sense. as others already mentioned 10 times, you can buy a fraction of each coin!

second of all, no investor with half a brain would invest during a bear market. if you google the meaning of a "bear market" you can see that the meaning is a market where you are encouraged to sell instead of buy! and that makes sense, you never catch a falling knife.

and finally you are missing the fact that it was a massive dump. so to any investor again with half a brain they see assets that have no real value in the real world (like ICO tokens) which rose up in a suspicious way then dropped 95% which means they lost almost all their price. that does NOT look good to anybody. so you can't really say investors are investing now!

if you look at the volume and the history you can see that investors always invest during the PUMPS where all the altcoins are already rising to the moon thanks to their pumps.

buwaytress

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

It's always a bit weird for me to consider when people talk about high coin prices when Bitcoin can be bought in fractions many times lower than a (US) cent. It's never mattered at which price, you buy what you can. At a theoretical $1 million BTC (which has been theorised by several hyperBitcoinists, least of them the infamous McAfee) would mean most people couldn't afford 1 entire Bitcoin anyway.

So it's not a question of affordable. It's a question of your profit margin and how much you're willing to risk and invest.

bgaf

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Activity: 644

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

You have a good point. Those people that have gained during the last bull run are probably in the midst of putting of some funds now sincr the price of tokens and coins are deeply depleted.

Bearish market drives adoption but dont let it confuse you by having some thought on the price itself. Look, everyday new users have been added even beginners or anyone in the world learn about crypto. Adoption is moving forward faster. I think only few will leave this space since its an interesting field.

creeps

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Ever since cryptocurrency is a blessing to me whether its expensive or not, for me this bear market is a good time for us to invest more. Its a blessing in disguise, some already lose big money but it is still good to buy a coin like bitcoin at a cheaper price so look this trend positively, adoption are still not guaranteed because of a cheaper price time can only tell.

btc_angela

hero member

Activity: 2660

Merit: 551

I wouldn't say that it is exactly a blessing, but we should take every opportunity to buy cheap coins and that opportunity is right on the plate right now so we should take advantage of it. And wait till the next bull run to happen maybe in the next year or so and then offload or book our profits.

palle11

sr. member

Activity: 2366

Merit: 332

I will go in the area of advising. Yes for sure prices are down but doesn't mean that every coin will make it back up when the bull come back. Investing now should mean we are careful not to buy dry bones that can't rise again.

I detest wasting my money on shit coins because certain coins have gone the journey of no return. Buying coins that won't give you profit but just to occupy space in your blockfolio is not reasonable. Do a proper research.

traderethereum

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Activity: 2870

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Vave.com - Crypto Casino

I think so, and the bearish market provides an opportunity for new people who want to enter the cryptocurrency and this time, they have a great chance to buy lots of coins at discounted prices. But I'm afraid there aren't many people who buy coins because many people were trapped at higher prices and they suggested new people to be careful about buying coins.

sheenshane

legendary

Activity: 2366

Merit: 1206

It depends. Some people see the bearish market negatively. Some investors are more scared because they see the cryptosphere/crypto industry's market is going down and they were actually expecting it before.

Some investors especially normal people think like this:

If a scheme goes down, it means it would possibly go down more.
Most of the investors are looking for a rising scheme where they will be able to pioneer with. We have to expect investors if the market is starting to rise again.

mangsitin

full member

Activity: 546

Merit: 100

Yes, I am very sure that at this time Crypto prices are very cheap, and for new Investors it is highly recommended to buy at current prices. Because the downturn is very sharp, we know 2017 prices reach $ 20,000, and currently only $ 3800.

Bitinity

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SOL.BIOKRIPT.COM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

The current bearish market condition or any other conditions may bring two possibilities for those who wanted to invest years ago. They may think that the current price is affordable so they can do it now but vice versa, they may think the opposite because they are worrying to invest now because of the bearish condition. So it depends on themselves, if they see and believe in bitcoin then they will invest now. Otherwise, they will keep on thinking whether to invest now or later.

kkaroul4

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Betking.io - Best Bitcoin Casino

Quote from: talkbitcoin on March 23, 2019, 05:29:38 AM

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .

in cryptocurrencies you do NOT have to buy 1 whole coin so your statement makes absolutely NO SENSE. you can always buy a portion of bitcoin for example 0.0001BTC which is worth so little even if price was $50000

Quote

Which I believe could have discouraged potential investors from investing into cryptosphere.

no, it would only discourage newbies who don't understand how things work and that is a very good thing.

Quote

Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

your mistake is that you think when price of altcoins dropped they became good investments just because of the drop. but the reality is that the higher price for 90% of the altcoins was 100% fake and it needed to get dumped to reach a more realistic price. which means even with the current dumps most of them are still overvalued.

Quote

So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

it is a blessing but only because it eliminated a lot of fake prices and also killed a lot of shitcoins and ICOs which were damaging the health of the whole market.

to kill shitcoins and ICO is not because of market conditions but the number of ICO projects and new coins that are deceptive, so now the market will improve from last year

ajqjjj

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Quote from: cizatext on March 23, 2019, 04:31:29 AM

The bearish market price of cryptocurrency today is a mechanism that is been driven by blockchain technology to bring everybody on the network because if the price stay high many will not be able to buy but at a low price so many people are able to buy bitcoin compared to late 2017.

Actual scenario of market is dip but still we don't have enough investors. So If you analyse properly panic investors are available in the market because once market will pump continuous circulation will reach in every day and once market will down continuous panic sellers are increase in the market so Big whales are controlling the market because they only decide the every day market.

alisafidel58

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Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .

Well you can buy a chip of a whole coin that you can only afford. You don't have a buy a whole e.g 1BTC, you can buy $100 BTC so on and so forth.

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Which I believe could have discouraged potential investors from investing into cryptosphere.

Even though the price of a whole coin was high still many investors bought cryptocurrency at a margin of $100 to $1,000 which they can only afford.

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

That's true I knew some people who manage to invest now rather than investing back at the end of 2017 and early 2018.

[quote author=Annalise24 link=topic=5123808.msg50277979#msg50277979 date=1553325702
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?
[/quote]

Somehow it creates an impression to an investor to buy cryptocurrency and look for profit in the near future.

joniboini

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Quote from: Ezenwanyi on March 23, 2019, 04:43:28 AM

The market encourages more user participation through the low price of digital assets.

Not entirely true. This bearmarket also cause panic and disbelieve among traders, 'investor' or 'potential investors' in crypto space. It's just a market cycle as usual, bull & bear market, hype and panic.

I personally become more active and trying to spot every potential coin/token that can give good returns in the next few years according to my analysis. I believe the next wave of bull run will come and I don't want to be late for the party.

talkbitcoin

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All I know is that I know nothing.

Quote from: Annalise24 on March 23, 2019, 03:21:42 AM

Prior to 2018 , the prices of most coins are very high and so not affordable .

in cryptocurrencies you do NOT have to buy 1 whole coin so your statement makes absolutely NO SENSE. you can always buy a portion of bitcoin for example 0.0001BTC which is worth so little even if price was $50000

Quote

Which I believe could have discouraged potential investors from investing into cryptosphere.

no, it would only discourage newbies who don't understand how things work and that is a very good thing.

Quote

Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.

your mistake is that you think when price of altcoins dropped they became good investments just because of the drop. but the reality is that the higher price for 90% of the altcoins was 100% fake and it needed to get dumped to reach a more realistic price. which means even with the current dumps most of them are still overvalued.

Quote

So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

it is a blessing but only because it eliminated a lot of fake prices and also killed a lot of shitcoins and ICOs which were damaging the health of the whole market.

Ezenwanyi

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Activity: 336

Merit: 1

Thinking out from the box, I think you are right.
The beariish market condition made it possible for some potential investors to buy into Cryptocurrency.
Those who were not able to get in prior to 2017.
The market encourages more user participation through the low price of digital assets.

cizatext

member

Activity: 952

Merit: 41

The bearish market price of cryptocurrency today is a mechanism that is been driven by blockchain technology to bring everybody on the network because if the price stay high many will not be able to buy but at a low price so many people are able to buy bitcoin compared to late 2017.

Annalise24

copper member

Activity: 84

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Atronocom

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

Topic: The prevailing market condition a blessing? (Read 477 times)