What's happening with Bitcoin & altcoins?

shinratensei_

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Quote from: SistaFista on August 18, 2020, 10:03:09 PM

Yes, it will become the bullish market for altcoins. I think it is because many DeFi projects rising.
Several altcoins are used very often recently, particularly stable coins. The usage of stable coins is making huge awareness of cryptocurrency.

The only defi coins who have been getting a huge increase, in my opinion, if defi was affecting the whole of market and the major coins have been getting increase caused by its development progress. DEfi does not bring the bullish trend to the altcoins. YOu can watch the market right not to know the fact.

reza7777

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Of course there will be those who say that now is bullish for altcoins and there are also those who say that now it's only whale pump. I think those who say are bullish for altcoins because they have held for a long time and are now making a profit. those who say now just pump the whale because they bought too late when prices were cheap and are trying to make FUD

SistaFista

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Yes, it will become the bullish market for altcoins. I think it is because many DeFi projects rising.
Several altcoins are used very often recently, particularly stable coins. The usage of stable coins is making huge awareness of cryptocurrency.

mersal

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

The current bullish trend not actually bumped by the whales, it is due to the emergence of defi projects and also they predict that this is going to be a short time hype but about the bullish trend it could be another 2017 like scenario because exactly we are hitting the bullish trend at the end of the year so expecting a hue price growth until end of this year.

LimLims

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

Bitcoin no doubt the popular coin present in the industry.
And i too bet that no one can ever replace this popularity at all.
Moreover as far the price of the coins are considered,
Then i can say you that, Bitcoins and other cryptos follows the algorithm of supply and demand.
If the demand of the coin is more the the supply will be less and in this way the price will increase or vice versa.
So if any altcoin gains popularity like Bitcoin in the near future then definitely it's price will rise.
ETH can be considered for this case.
As many people are investing in it and soon we will see this in high price.

SquallLeonhart

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Bitcoin is on fire and major altcoins are following it. Right now, the crypto market is seeming like confirming the return of bulls into action. Yes, the beginning waves of four-year-cycle of crypto space is on sight right now. I know this is what almost each and every crypto people must have been dreaming about since last two to year years. I guess bitcoin will continue toward its new ATH and altcoins also might be following bitcoin markets.

Quote from: kawetsriyanto on August 17, 2020, 07:36:03 PM

many of them advise us to be patient keeping "HOLD" our crypto assets until the coin prices move to a proper rate to trade. Yes, in this matter, patience has a big role to make it successful.

Yes, this must be really a crucial time for all crypto adopters because most people will exit when they are seeing small profits after prolonged stagnated market conditions. If we are studying back what has happened in crypto space after each halving of bitcoins then probably we will get clear idea about how long we need to keep holding so that we can enjoy big profits.

kawetsriyanto

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Quote from: justdimin on August 17, 2020, 07:17:12 PM

The price of cryptocurrencies can’t be going up all the time, it will always be taking time and you need to have patience,~

Indeed. It is impossible to see the price of all crypto coins to increase all the time. There is time for a correction, drops, or sideways. All crypto traders or investors know about this very well. So, if you follow some discussions, many of them advise us to be patient keeping "HOLD" our crypto assets until the coin prices move to a proper rate to trade. Yes, in this matter, patience has a big role to make it successful.

Yatsan

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The price of Bitcoin currently have already surpassed the OP's expected price range of $10,000 for as of the moment I have checked its price is already over $12,000 mark which is a good indication of an improving and progressing changes on the price of Bitcoin. You cannot always expect that prices of Bitcoin and Altcoins are always getting into a rise for we all know that we are in a volatile market on which prices changes in no time and very unpredictable for it can come into a pump or dump. It will in need patience for you to see best results of how the price is changing. You must not rush things out for they are just getting into the flow which you can just keep on complaining but you can do nothing about it.

justdimin

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

The price of cryptocurrencies can’t be going up all the time, it will always be taking time and you need to have patience, it’s not all about rushing all the time. When the price goes up, it also goes down and there are also times when it will get stable. That’s just how it is and you can’t change it. Some people usually are in a hurry, they want the price increasing the all the time, but it doesn’t work that way.

Some people would tell you that the price will increase the next year, and they make it seem like everything in the cryptocurrency is predictable when it’s clear that it is not. If everything is predictable then it wouldn’t make any sense, and I don’t think this market will still be alive by now.

suryogandul

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

we need concrete evidence in the next 1-2 months to prove this pump is only done by whales or purely because of a natural pump, we have to take time to prove this so we can know whether the pump really happened. but we can still believe that the altcoin and bitcoin pumps are real

FanEagle

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Well, when someone opens a topic like this on bitcointalk the topic is not just about OP most of the time, they say something and they leave, someone else writes something and another person replies to them and they response to their reply and suddenly two people who are not OP discussing something totally related to the subject but irrelevant to what OP wants.

So, suddenly the topic changes discussion and we have tens of people talking about something and not even caring about OP, that is what I think happened here as well. I believe bitcoin is doing basically what it has always done between volatile moments, it is staying still, check bitcoins history and you will see that we all know those 10%+ increases and deceases but in between them it stays still, we are at that stage right now, which means topic could be outdated but it is also irrelevant to current situation as well.

mace15

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

It seems you missed out on the current happening in bitcoin and altcoins. If you are aware of the trend lately the move of bitcoin in the market is showing us a positive signal that it could increase. As of this time price flew to $12,1 though market is really unpredictable so let's watch the out the trend on what price it will headed.

tsaroz

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Bitcoin along with other alts has always been unpredictive. No one was ready for the 19K ATH at that moment and no one thought the correction would come down to 4K and stay down for two years. Many people are waiting for another bull for over 2 years. The current price changes are gradual. Bitcoin kept on rising and making a new stand every 1K in price change. The price now hovers just above 12K and would likely hold. Yet, no one can predict the next sharp change would be a bull or bear.

Kasabus

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Quote from: Viscore on August 17, 2020, 09:50:31 AM

Don't even wonder why OP didn't show up again in this thread and it is probably because he is already outdated and he missed a lot of market happenings. I'm not sure if he regularly checked the market price trend because of that so, he seems to be notified it but sad to know that he's not.

Anyway, we know the market position right now, we saw brighter insights this year and much positive for the next year's event.

Yes. I also love what is happening in the market now because it will bring so much profits for sure once this movement will continue into a bull run. Bitcoin and altcoins are having a good price surge and whether this upward trend maybe temporary or not, there are still high chances that they will continue to move forward for an even brighter market price.

Viscore

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Don't even wonder why OP didn't show up again in this thread and it is probably because he is already outdated and he missed a lot of market happenings. I'm not sure if he regularly checked the market price trend because of that so, he seems to be notified it but sad to know that he's not.

Anyway, we know the market position right now, we saw brighter insights this year and much positive for the next year's event.

Docbee

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Quote from: AmoreJaz on August 14, 2020, 07:17:34 PM

i dont know if the OP knows what he's talking about? he's saying about btc to be in the $10k level but we are already more than $11k and actually reached $12k in some exchanges. so what is he trying to say here? is he just posting crap without checking whats going on in the market? Roll Eyes

Exactly, I think the same way. Talking about BTC struggling to reach $10K when BTC was at $12K mark. It was beyond many peoples expectations that BTC will even cross $10k after the halving when we have expected price drop. Increase in the price of ETH could actually be due to the advent of ethereum 2.0. Price of other good altcoins will also improve, it's just a matter of time. The ultimate speculation is that, next year could probably be another bull run.

someone703

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Quote from: CuriousGeorge on August 17, 2020, 09:00:49 AM

Quote from: JCviggen on August 17, 2020, 08:17:10 AM

Quote from: sfireman on August 17, 2020, 07:36:35 AM

Quote from: Thomas-s on August 17, 2020, 07:31:21 AM

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

That's a good move, dude! As we can see right now, the market is increasing. The hype of ETH 2.0 is spreading over the market. People are buying mostly BTC and ETH to hold. Besides, people are believing that the hype of ETH 2.0 can create a bullish season for altcoins. That's why many people are looking for some good altcoins to invest! I believe in so, though, I'm holding only BTC and ETH because I want to be secure first!

now there is really good news for altcoins, but it seems to me that ETH has already shown itself very well and it will not show any further growth. better to find for other altcoins

Dude, you can use the old ATH that has already achieved by ethereum as the best indicator to determine how far ethereum will growth. If you know that there was no limitation in the cryptocurrency and the sky is the limit. Ethereum can even reach $600 again in short time.

How do you know if it will hit $ 600 in such a short time? So far it is still unable to cross $ 450, and it looks like a huge hurdle zone for ETH. So you need to have a clear analysis to be able to prove the price can go up $ 600 in no time

Kelvinid

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Quote from: M Sarwar on August 14, 2020, 03:43:22 PM

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I'm considering myself not seeing $10k as long battle to win because during your post we actually win it and even surpass $11k. Maybe you have missed something and not seeing what happens to the market this time. If that keeps happening to you, no doubts that you will miss for another Bullrun which is actually coming near.

Anyhow, Bitcoin and some altcoins do the rally this time. The rise might not that fast but it was already a satisfying event to see in front of the global crisis that we have faced. Crypto adoption makes it stronger and it gives a huge impact on the price trend, and possibly we end up this year with positive results.

CuriousGeorge

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Quote from: JCviggen on August 17, 2020, 08:17:10 AM

Quote from: sfireman on August 17, 2020, 07:36:35 AM

Quote from: Thomas-s on August 17, 2020, 07:31:21 AM

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

That's a good move, dude! As we can see right now, the market is increasing. The hype of ETH 2.0 is spreading over the market. People are buying mostly BTC and ETH to hold. Besides, people are believing that the hype of ETH 2.0 can create a bullish season for altcoins. That's why many people are looking for some good altcoins to invest! I believe in so, though, I'm holding only BTC and ETH because I want to be secure first!

now there is really good news for altcoins, but it seems to me that ETH has already shown itself very well and it will not show any further growth. better to find for other altcoins

Dude, you can use the old ATH that has already achieved by ethereum as the best indicator to determine how far ethereum will growth. If you know that there was no limitation in the cryptocurrency and the sky is the limit. Ethereum can even reach $600 again in short time.

NavI_027

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Quote from: Vishnu.Reang on August 17, 2020, 07:40:57 AM

Quote from: Thomas-s on August 17, 2020, 07:31:21 AM

I am one of those people who said that the time for altcoins has not come yet, but now I have changed my mind and are looking for coins that have not yet increased in price very much. there are many such projects and now you can make good money

Considering the risks, I would rather stick to the already established coins, such as Bitcoin, Ethereum, BCH and Litecoin.

Indeed, better to buy old reputable alt coins rather than new enlisted ones because they are the one which will get benefited by the hype. They are already mature thus they can easily get influenced by the price hike of btc and other major coins. But if you really insist to go with the cheaper ones then it's up to you (you have hundreds of options to choose from). But assess your your resources and emotion first whether you can gamble and get out of the safer zone. Like the old saying, "High risk, high reward" but I'll tell you what, in this case, you will have greater chance of losing. Good luck

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Topic: What's happening with Bitcoin & altcoins? (Read 432 times)