What might occur on the next bear market - page 2.

CapGelatik

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Quote from: Xal0lex on May 07, 2022, 05:35:07 PM

Quote from: dlightag on May 07, 2022, 10:08:16 AM

The Bear market is already ranging for few days now, and i hope many people waiting for bitcoin dip below 20k for them to buy, which no one can give exactly minimum price of the coins listed as bear market. Hence make a research on a particular coin buy and hold.

The bear market, global, has been raging for more than six months, only occasionally giving some periods for the price to rise, which then falls even lower. If a lot of people are waiting for a bitcoin below 20,000, the market, in its own way, may not let that lot of people buy, because the market always plays against the crowd.

Yes, until now the market continues to fall and we also don't know for sure how long this will end,
the current Bitcoin price continues to fall and makes altcoin prices also follow it,
stay patient and we'll see what market conditions develop in the future

Bitstar_coin

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Quote from: bbc.reporter on May 05, 2022, 09:53:19 PM

I am not certain how good Cardano is, however, there are users who mentioned that it does not work under situations where there are very many transactions. It was shown during the release of Sundaeswap. According to some social media comments, they had to wait for more than 24 hours for their swaps.

I agree that some of those mentioned might be good blockchains, however, the argument is the bear market and how this kills much of their ecosystems that causes users to move their investments out and send them back to Ethereum and Bitcoin.

It is not that long cardano introduced their smart contract function and Sundaeswap existence in crypto space, (a new decentralized exchange in cardano network) so it is not uncommon users may experience issues here and there. How long has eth exist! But still battling with scalability issues, no network is 100%, most are in beta version even if they don't indicate so.

The bear market is not only affecting these l1 projects but the entire market, and my argument is, just because the price is down is not enough reason to consider selling except the team in a project are not active or committed to the project.
Between am not sure how many of these l1 projects where in existence during the 2018/19 bear market, if there are any that were already created back then and still survive till now, that should tell you a drop in price is not enough reason to sell. IMO.

Xal0lex

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Quote from: dlightag on May 07, 2022, 10:08:16 AM

The Bear market is already ranging for few days now, and i hope many people waiting for bitcoin dip below 20k for them to buy, which no one can give exactly minimum price of the coins listed as bear market. Hence make a research on a particular coin buy and hold.

The bear market, global, has been raging for more than six months, only occasionally giving some periods for the price to rise, which then falls even lower. If a lot of people are waiting for a bitcoin below 20,000, the market, in its own way, may not let that lot of people buy, because the market always plays against the crowd.

SirLancelot

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Quote from: boty on May 07, 2022, 05:16:30 AM

Quote from: goaldigger on May 06, 2022, 05:52:33 PM

We’re on a bear market for months now, and the sudden dumped was a result of failed attempt to break the resistance and this is why we go back to the support level again though the dumped is very fast but still its a good opportunity to accumulate especially if you are trap on top, you can buy right now to do cost averaging. The future is still bright for long term hold, try to analyze the market well and for sure Bitcoin will still be your good option.

maybe it still in accumulation phase which is whales buy and sell in limited range.maybe this range around 44k to 35k. If we break above or below this range, new trend will start. Selling pressure will still occur if there is no good trigger from market , but so far market sentiment still confidence bitcoin and altcoin could hit another ath in near future. Adoption and legalization happen in many countries so it could drive more mass adoption.

Bear and accumulation phase can be the same so yes we are still on this phase. We have been in this phase for months. Did the market thinks that people have lots of money to buy coins? Or maybe some are done buying long time ago and what are mostly buying now are newbies that have entered recently.

It's nice to know tho that they can still catch up. All of us here have been given a chance to buy but it all boils down to hodling. Let's see if who among us has the patience to hodl their bitcoins a lot longer. We already broke the 44k range before but maybe this time is for the 35k because the price still continues to go down.

eaLiTy

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Quote from: dlightag on May 07, 2022, 10:08:16 AM

The Bear market is already ranging for few days now, and i hope many people waiting for bitcoin dip below 20k for them to buy, which no one can give exactly minimum price of the coins listed as bear market. Hence make a research on a particular coin buy and hold.

The market went down drastically for the past few days simply because of the Feds increasing the interest rate and that loomed over the cryptocurrency space as well. With institutional investors coming into this space every global financial issues will be affected in the cryptocurrency space as well because these institutional investors will book their profit and look for stable marketplace during uncertain times.

dlightag

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The Bear market is already ranging for few days now, and i hope many people waiting for bitcoin dip below 20k for them to buy, which no one can give exactly minimum price of the coins listed as bear market. Hence make a research on a particular coin buy and hold.

MinMan

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Quote from: bbc.reporter on May 04, 2022, 02:14:46 AM

Also, I have read some comments that Fantom's community is still very much strong. It might be still strong presently, however, as more users leave the platform this strong community will not be anymore. The rugpulls of Andre Cronje and Anton Nell which took more than $1billion out of the platform and the loss of trust will not be easily earned again. We cannot be certain how long until Fantom could recover.

I would guess that there is a bit of a problem going on inside of the Fantom at the top, which is the reason why there were people leaving but at the end of the day any project that may go down after the top names leave, deserves to go down.

Do you really believe that ETH will be gone if Vitalik leaves? Or BNB will go down after CZ leaves? Or LTC will go down after Charlie leaves? None of that would happen if you ask me, so if one person left Fantom and it dropped because of it, then it kind of deserved it and there is nothing to recover from that, it should stay that way. Or it should learn to not care about names and only care about the project.

boty

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Quote from: goaldigger on May 06, 2022, 05:52:33 PM

Quote from: roslinpl on May 06, 2022, 05:34:50 PM

Now the market of the bitcoin was crashed huge.So now it slowly spread to the other altcoin.Not only the less potential coin had reduced his value.It also reflected on the price of stable and trusted coins.It was challenging to the experience traders now,because the price of bitcoin was reduced the further the expectations.So either hold long for the profit.Or buy with holding for now.

We’re on a bear market for months now, and the sudden dumped was a result of failed attempt to break the resistance and this is why we go back to the support level again though the dumped is very fast but still its a good opportunity to accumulate especially if you are trap on top, you can buy right now to do cost averaging. The future is still bright for long term hold, try to analyze the market well and for sure Bitcoin will still be your good option.

maybe it still in accumulation phase which is whales buy and sell in limited range.maybe this range around 44k to 35k. If we break above or below this range, new trend will start. Selling pressure will still occur if there is no good trigger from market , but so far market sentiment still confidence bitcoin and altcoin could hit another ath in near future. Adoption and legalization happen in many countries so it could drive more mass adoption.

takngantuk

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I always believed that whenever a bear market came, it would change the order of the top coin lists. many coins that were once on top but lost when the bear market ended. new and better coins will always be replaced, this keeps repeating every time a bear market comes. 2018 saw us EOS, XLM, LTC or XMR top the list. but now the top list has changed to be filled by BNB, ADA, SOL, LUNA, DOT and AVAX. On average, coins that are ranked at the top are coins that were developed during a bear market ahead of a market recovery.

Sayeds56

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Quote from: MFahad on May 01, 2022, 03:36:22 AM

Quote from: bbc.reporter on April 29, 2022, 10:12:05 PM

I reckon it might look very similar to the bear markets of the past where much of the other attempts of the old layer 1 blockchain projects have failed to help the growth of their ecosystems. Fantom, Atom, Avax, Terra, Algorand, Cardano might slowly enter obscurity similar to Nxt and Nem.

There will also be many failures of tokens issued in those layer 1 blockchain projects. The development teams of those projects might dump and leave the project or just leave and let the projects die. I also speculate that it might also be a similar occurrence in the NFT ecosystem. Teams will run out of money and leave.

Much of the gamefi ecosystem will also die with only a very few of those projects to survive. We are presently already witnessing this.

The projects that were created during the bull market will have their first token unlocks this year and next year which will cause more selling and dumping on their communities.

Also, the regulators will be coming and this will cause more fear and pressure within the cryptospace.

2022 was not good for all crypto market. many top projects especially layer1 projects are down much from ATH and with every dip the price down hard. Every month some bad news come in market which cause market down. Now fear rate is below 20 which is extreme fear. Although charts show that May is not bad for Bitcoin but still altcoin are suffering for months and will continue to down more of Bitcoin not stable for month

Certainly year 2022 has not been good for overall crypto market due to Ukraine war resulting in Increase in crude oil price and subsequent sjkyrocketing inflation, all aforesaid factors caused fall in stock and crypto market . Going forward recently announced ncrease in interest rate by FED in USA has added fuel to the fire and investors sentiment is in extreme fear which is triggering non stop selling.

bbc.reporter

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Quote from: bitcrystal on May 06, 2022, 03:32:03 PM

the usual is that the projects that cant hodl will slip off partly because of lack of strong community, good team thats working consistently and communicating steadily with their community, constant project update. also some projects stand strong because they have a strong and determined team thats evolving from time to time. not everyone can hodl through the bear and not all tokens will stand strong after bear, thats why its good to follow up on any project you are holding. once a bear is confirmed, many tokens will be at discount price.

I agree that a strong community is needed and a good team is needed for any project. However, what a project also needs is a growing community which causes the project's ecosystem to grow which also causes an attraction for new developers to join. I think the growth of a blockchain's total value locked might be a good measurement to follow for this. In a bear market, watch those projects that lost the least TVL.

ololajulo

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Quote from: goaldigger on May 06, 2022, 05:52:33 PM

Quote from: roslinpl on May 06, 2022, 05:34:50 PM

Now the market of the bitcoin was crashed huge.So now it slowly spread to the other altcoin.Not only the less potential coin had reduced his value.It also reflected on the price of stable and trusted coins.It was challenging to the experience traders now,because the price of bitcoin was reduced the further the expectations.So either hold long for the profit.Or buy with holding for now.

We’re on a bear market for months now, and the sudden dumped was a result of failed attempt to break the resistance and this is why we go back to the support level again though the dumped is very fast but still its a good opportunity to accumulate especially if you are trap on top, you can buy right now to do cost averaging. The future is still bright for long term hold, try to analyze the market well and for sure Bitcoin will still be your good option.

Another factor for the last liquidation is the increase in the interest rate of the free money to pump. Any news can dump the market in the bear but worse case might likely come in few weeks from now if institution attempt to sell due to pressure. However, some news in my own opinion are also coming up to help the market towards the next bitcoin halving and bull. ICO could be back in the next cycle

goaldigger

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Quote from: roslinpl on May 06, 2022, 05:34:50 PM

Now the market of the bitcoin was crashed huge.So now it slowly spread to the other altcoin.Not only the less potential coin had reduced his value.It also reflected on the price of stable and trusted coins.It was challenging to the experience traders now,because the price of bitcoin was reduced the further the expectations.So either hold long for the profit.Or buy with holding for now.

We’re on a bear market for months now, and the sudden dumped was a result of failed attempt to break the resistance and this is why we go back to the support level again though the dumped is very fast but still its a good opportunity to accumulate especially if you are trap on top, you can buy right now to do cost averaging. The future is still bright for long term hold, try to analyze the market well and for sure Bitcoin will still be your good option.

Shasha80

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Quote from: Smack That Ace on May 06, 2022, 03:57:04 PM

This is what we should be afraid of, I agree when the market is deep down is our chance to fill up bitcoin or topcoins with cheap prices.
But there is also the risk that once the bear market lasts too long, many projects will not be able to sustain and survive. In 2018, we saw a lot of potential projects disappear due to the prolonged bear market when there was no new money coming into the market. It will be a huge challenge for layer 1 projects if the market declines for a long time.

Hopefully the bear market that happened in 2018 won't happen again this year. Because now many institutions have decided to invest in Bitcoin
and some top coins. After all, many people have realized the importance of investing in crypto, something like that should be able to make
the Bitcoin price support very strong. So I predict Bitcoin won't drop below $30k, and I also hope that the market will recover soon and hopefully
this year's bear market will not last too long. Because like you said, if the bear market is too long the negative impact that will be caused will be
very large. In addition to making many projects die, then some investors panicked and sold their coins cheaply and made the market fall.
But I am very optimistic that the current bear market is only temporary and will not last long, and possibly in the next few weeks the market
will look to recover and improve. Most importantly we must believe in the coins of our own choice, and don't panic by selling the coins that
we currently hold at low prices. We have to be patient in bear market conditions.

roslinpl

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Now the market of the bitcoin was crashed huge.So now it slowly spread to the other altcoin.Not only the less potential coin had reduced his value.It also reflected on the price of stable and trusted coins.It was challenging to the experience traders now,because the price of bitcoin was reduced the further the expectations.So either hold long for the profit.Or buy with holding for now.

magneto

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Quote from: bbc.reporter on April 29, 2022, 10:12:05 PM

I reckon it might look very similar to the bear markets of the past where much of the other attempts of the old layer 1 blockchain projects have failed to help the growth of their ecosystems. Fantom, Atom, Avax, Terra, Algorand, Cardano might slowly enter obscurity similar to Nxt and Nem.

There will also be many failures of tokens issued in those layer 1 blockchain projects. The development teams of those projects might dump and leave the project or just leave and let the projects die. I also speculate that it might also be a similar occurrence in the NFT ecosystem. Teams will run out of money and leave.

Much of the gamefi ecosystem will also die with only a very few of those projects to survive. We are presently already witnessing this.

The projects that were created during the bull market will have their first token unlocks this year and next year which will cause more selling and dumping on their communities.

Also, the regulators will be coming and this will cause more fear and pressure within the cryptospace.

Completely agree.

A lot of copycat projects somehow gained significant steam during the 2021 bull market, to a much greater extent than in any of the previous bull markets.

I think that it is time for an adjustment, and the bear market will be absolutely brutal for anything that doesn't have a tried and tested utility. That includes any of the avatar NFTs which are pretty much intrinsically worthless.

Jackl87

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Quote from: bbc.reporter on April 29, 2022, 10:12:05 PM

Much of the gamefi ecosystem will also die with only a very few of those projects to survive. We are presently already witnessing this.

I totally agree with that statement. Play2earn and Metaverse were one of the biggest topics in the whole cryptospace in the last two year or so. After the first few projects of that genre were extremely successful a lot of other people also wanted to profit from that hype and created their own play2earn and metaverse projects. Of course those projects were just copycasts of the already existing ones and only created in order to make some quick and dirty money without putting to much effort in. I would guess that almost all of that projects from the second generation of play2earn and metaverse will be dead pretty soon.

Smack That Ace

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This is what we should be afraid of, I agree when the market is deep down is our chance to fill up bitcoin or topcoins with cheap prices.
But there is also the risk that once the bear market lasts too long, many projects will not be able to sustain and survive. In 2018, we saw a lot of potential projects disappear due to the prolonged bear market when there was no new money coming into the market. It will be a huge challenge for layer 1 projects if the market declines for a long time.

bitcrystal

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the usual is that the projects that cant hodl will slip off partly because of lack of strong community, good team thats working consistently and communicating steadily with their community, constant project update. also some projects stand strong because they have a strong and determined team thats evolving from time to time. not everyone can hodl through the bear and not all tokens will stand strong after bear, thats why its good to follow up on any project you are holding. once a bear is confirmed, many tokens will be at discount price.

yurez

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Quote from: bbc.reporter on April 29, 2022, 10:12:05 PM

I reckon it might look very similar to the bear markets of the past where much of the other attempts of the old layer 1 blockchain projects have failed to help the growth of their ecosystems. Fantom, Atom, Avax, Terra, Algorand, Cardano might slowly enter obscurity similar to Nxt and Nem.

Will a major market drop like the one we saw in 2018 happen again? Such a possibility cannot be ruled out, and during this period only those projects that have a fundamental purpose and usefulness will survive. Most projects created solely on hype will fail and be gone forever. I think that Fantom, Atom, Avax, Terra, Algorand, Cardano will still remain and continue to grow after the next bear market.

Topic: What might occur on the next bear market - page 2. (Read 638 times)