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Topic: What will it take for the market to bounce back? - page 2. (Read 242 times)

full member
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I think one more thing is regulation also important in crypto market, this regulation make many new investor will jump in to crypto . Stock market that has fully regulation  the market cap was going up more than $ 20 trillion. And if crypto market, exchanges ,ICO has regulation also possible the market cap going to atrillion dolar.
member
Activity: 322
Merit: 12
Aside from potential big bitcoin buyers, how will the ordinary person, especially the middle-income earners be enticed into buying bitcoin? If we get more ordinary people patronizing bitcoin, big buyers are likely to come in. For example,  if more Amazon users buy bitcoin and start inquiring about the use of bitcoin on Amazon they are likely to accept bitcoin in the future. But the key thing is how to get more middle-income earners(even less) to join bitcoin the bitcoin community.
hero member
Activity: 854
Merit: 500
1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto

It will take some time to settle down panic on the current market and also price is not dumping more these days, it is going sideways so we can expect a bounce soon.

Amazon will never accept crypto and by the time they will start accepting crypto, crypto will be already being used by many more giant companies so that news won't matter at all.

Big retailers will start to accept crypto when price will start to pump but they might drop that option when price start to go down like right now.
legendary
Activity: 1694
Merit: 1005
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1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)

All of the above is the right choice based on your options, but it's not the only path in my opinion. You forgot to mention another obvious one, that is for institutional investors to enter the markets. That will probably only happen with proper regulation and with the arrival of ETFs. Another thing that could lead to a crypto boom, would be an economy crash. Of course this one is not guaranteed, but usually when fiat crashes, investors return to gold, and similar assets, so I guess crypto would be a good choice as well.
legendary
Activity: 3458
Merit: 6948
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This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time..
Do you seriously have this naive a view of how markets work?  Prices don't go up because people aren't selling; they go up because there are more buy orders than sell orders--it's basically that simple.  It doesn't matter in the least if retailers start accepting bitcoin if customers aren't somehow acquiring bitcoin to spend.  How do they get bitcoin?  Well, since most jobs don't pay with crypto, people have to buy it. 

Now, the question of whether it's stupid to go out of your way to buy something only to immediately turn around and spend it is a separate question, but hopefully you see my point.  The answer to OP's question is that people need to start buying bitcoin.  That's it.  Assuming that people also don't start selling it, that should pretty much guarantee the price increases.  So hopefully there'll be some good news that will get people doing that.  Haven't seen much of that lately.
hero member
Activity: 2954
Merit: 683
1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)


On my own selection.

1. Demand
2. Adoption

These are the two things which would be needed for the market to bounceback and i do somehow expect that regulation would be always attached to it to build confidence into its possible adopters.
sr. member
Activity: 672
Merit: 250
1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)



In cryptocurrency trading,if the fall occur, surely the raise will occur soon.This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time.If the corporate start to accept Bitcoin,the usage of bitcoin will increase.Finally increase in bitcoin demand, increase the price.

Massive adoption and rapid demand will always have to take in order for bitcoin to bounce back on its value, to become much more profitable. If many people will trust cryptocurrency as well as keeping bitcoin steady in their hands, the spending will be lessen so the price will gain its value. So this could help it increase eventually, and some sort of panic buying would actually makes bitcoin price becomes expensive if bull run would also happen.
full member
Activity: 518
Merit: 145
My bet is when the bulls see a great chance to kick back. For now, they are taking some rest and seeing how things end up in the market, the bounce will come at its own time since they are the market makers anyway. However, in the case where we get to see real demand and real life usage, which could actually bring about number 2 and 3, obviously that would give a huge boost, but that does not look like something that is happening very soon; maybe later on.
hero member
Activity: 2170
Merit: 553
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1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)



In cryptocurrency trading,if the fall occur, surely the raise will occur soon.This is due on the holding of bitcoin with patience.If the time change,their will change in price with respect to time.If the corporate start to accept Bitcoin,the usage of bitcoin will increase.Finally increase in bitcoin demand, increase the price.
jr. member
Activity: 126
Merit: 4
1. Time
2. Amazon Accepting Crypto
3. Big Retailers Accepting Crypto
4. All Of The Above
5. None Of The Above (explain)

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