What Is Really Happening To The Market?

Bananington

sr. member

Activity: 1470

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Quote from: icekohl on November 16, 2020, 09:21:27 AM

Paypal allows buying BTC, while increasing the buying limit of BTC to $20k/week. So I think the amount of money flowing into the crypto market in the next months will increase even more.

Paypal news have a strong positive effect on BTC price, since it builds more confidence for holders. I saw a tweet replied by CZ today which says Paypal has attained 85% of Binance US' daily trading volume which is an awesome indication that people are excited about the news, also weekly limit for PayPal users for crypto was increased. The market is looking extremely bullish for BTC, let's see how it unfolds, if altcoins will join the ride or not.

bitterguy28

full member

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“FRX: Ferocious Alpha”

Quote from: restuibu on September 05, 2020, 02:34:02 PM

Crypto is getting harder to predict now,

Nope Bitcoin is hard to predict eversince and will remain as that forever ,This is a volatile market and the value will move depend on supply and demand so expect this .

Quote

in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?

You're just being paranoid , but surely you are holding no bitcoin ,because if does you'll be more precise and trusting the coin.

Quote

Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

DeFi Shit , This is the reason why you are acting like that because you are trusting Shitcoins.

tuchenvi

jr. member

Activity: 154

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Quote from: Indiana1990 on December 23, 2020, 03:18:26 PM

Quote from: tuchenvi on December 23, 2020, 11:53:17 AM

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

totally agree with you, i'm also believe in defi, it's more credible concept than ieo and ico. i prefer to invest in dex-es, i believe they will be next to centralized exchanges

yeah it's a most common thoughts in the market; i also check newcoming dex-es with good

Indiana1990

newbie

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Quote from: tuchenvi on December 23, 2020, 11:53:17 AM

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

totally agree with you, i'm also believe in defi, it's more credible concept than ieo and ico. i prefer to invest in dex-es, i believe they will be next to centralized exchanges

DrBeer

legendary

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Merit: 1864

The expected process is taking place on the market, which is typical of any speculative market - another market swing, another wave of controlled growth, for the withdrawal of "excess assets" from the crowd. It will continue until approximately 1-2 quarters of 2021, after which there will be another drawdown, similar to 2018. Then everything will be repeated many more times. This will continue until the cryptocurrency ceases to be a speculative asset, but becomes an entity with real value and demand in the real market.

tuchenvi

jr. member

Activity: 154

Merit: 2

as for me, market is stabilizing now - ieo and ico period turned down and defi as much more credible and transparent concept came out. i strongly believe that decentralized technologies will bring the cryptomarket much more trust and stability in 2021

icekohl

full member

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Merit: 100

Paypal allows buying BTC, while increasing the buying limit of BTC to $20k/week. So I think the amount of money flowing into the crypto market in the next months will increase even more.

trauchot

member

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Merit: 10

As you can see, the cryptocurrency market is still growing and many top cryptocurrencies are also growing in price, and over this whole year many cryptocurrencies have grown very much in price and it was possible to make very good money on this, also 2020 is not over yet and most likely the cryptocurrency market will continue to grow until the end of 2020.

arufox

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Next Generation Web3 Casino

Quote from: restuibu on September 05, 2020, 02:34:02 PM

Crypto is getting harder to predict now

So do you think was crypto is easy to predict??, Even before august, there is no people can predict crypto for easy. The price all about demand and supply. I'm not surprised about the market condition, because I know that cryptocurrency is unpredictable. If you think people easy to predict the market condition they will rich for sure

ekeh

jr. member

Activity: 278

Merit: 1

The coinmarketcap, where bitcoin, ethereum and many other alt-coin are listed, they really bullish with
green color, which can not be predicted by actual amount price for a particular time.

disconnectme

hero member

Activity: 1876

Merit: 512

One thing I can say is that Bitcoin is entering a stage where the price won't go below $10k again unless there is a serious bug in the chain or Satoshi decided to dump all his Bitcoins. Market do not move in straight line, up and down and when price goes up it will surely correct what we saw with the September dump was corrections and it seems it is over now

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: Octular on November 15, 2020, 03:19:34 PM

Paylpal entering the market an Union pay I would say are huge drivers.

Biggest things I've seen in terms of mass adoption

Things that we must be thankful now since PayPal adoption is been in the list to be happening and now here it is,So we may have other option now as PayPal is letting us also hold our crypto Like any exchange or wallets.
This will favor those Paypal users and also those who will be using the service for their business.

Octular

newbie

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Paylpal entering the market an Union pay I would say are huge drivers.

Biggest things I've seen in terms of mass adoption

krisnajsadrak

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Hodlers Network

Quote from: restuibu on September 05, 2020, 02:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

crypto market run on positive movements my friend, but remember market will not always going up or going down
i think the corrections coming to crypto market now, just find a good buy zone to increase our assets before the rally continues

pedrillo0

hero member

Activity: 1733

Merit: 502

Nada y Tú?

Quote from: restuibu on September 05, 2020, 02:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

At the end of the year it is highly unlikely to see a bear market.

People are when they have more money to invest ...

Besides that we are already reaching crypto spring ...

firmino10

member

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elysian.finance

We have no clue. We can't see the future however did we additionally observe the conceivable recovery after this? Everybody is bringing up the dump yet doesn't discuss its likely recovery.

What's more, if not, you don't look to the pinnacle that it made and that could be the ceiling and we're going to see a greater correction this time. Obviously, in the event that you see it dump, follow up on it, and purchase.

bountylayomi

copper member

Activity: 234

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Well, as at the time of replying this post, the market is really on the bulling side as $BTC have seen above $16k today. I'm so excited that I'm a benefactor on it and as well as on https://bluzelle.com, $BLZ which I stock during the bear markets.

zidanw

sr. member

Activity: 1162

Merit: 258

1xbit.com

As I can see the market is really volatile and we can't really predict what will happen. Now it's November and it's up again before the Ethereum has only the high fee but now look even the Bitcoin's transaction fee is really expensive.

gamer4156

sr. member

Activity: 1008

Merit: 250

individuals in altcoins may most likely be to bitcoin and I don't see quite a bit of holding of stable coin, which is the huge fiasco from this dump. At whatever point it turns red connotes aggregation ahead. The individuals who don't have oneself will to make automated revenue during this opportunity to get coins from this plunge will consistently lament their activities. I think such variances are nearby and further development for us.

fosco333

full member

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If it was easy to predict, then it wouldn't be cryptocurrency anymore because the volatility price of crypto is very high.
Particularly in new altcoins, some people can easily manipulate the price because the liquidity is poor, the order book is thin.
I personally prefer to stay in bitcoin or top altcoins to be able to predict more accurate than other altcoins.

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