When do you guys think we will hit the next Accumulation stage?

rickadone

legendary

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Quote from: Hydrogen on July 01, 2018, 06:59:28 PM

The recent move from $5800 to $6100+ might have been an accumulation stage where a significant buy in occurred. The question now may be whether momentum can be sustained to greater than $6100 levels or whether the price will be pushed back down to $5800 for yet another accumulation cycle--if investors have confidence the $6500 or so ceiling will be surpassed. I feel like a broken record but it bears repeating that bitcoin has a tendency to peak at the end of the year on increased demand and transactional volume from black friday / christmas shopping / holidays. With the price fall in january of the new year being due to decreased volume post holidays.

To be honest, I haven't been watching transaction volumes, etc. It is possible the price is being artificially pushed down to fuel a significant buy in phase. I definitely would have bought in @ $5800 if I had liquidity.

At this stage, it is not even about the $6500 being surpassed, it is about not having some fake breakout just to deceive a lot of traders in which we know at this stage, the market is not actually very pleasing to get into based on how things have been for a while now with manipulations.

The market will obviously tend towards moving down pretty fast than going up fast anyway, and would rather just chill to see how things build up than hopping into it. Accumulation will be easy to detect anyway and most times, it happens when there is a long time of consolidation.

fonenumba

full member

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If to say about my particular country we have so many people interesting in Bitcoin last days that we never had before. All the government's and advertisement channels are just filled with cryptocurrencies related content.

BrewMaster

legendary

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There is trouble abrewing

i do believe that as the market grows there will be a lot more investors in it than before which means everything will be harder and shorter than before. for instance when the drops come there are more buyers so there is more "friction" to go lower so the depth won't be as much. and the recoveries will occur faster too since there are more buyers and they will push the price higher faster so the accumulation phase will begin faster and ends faster too.

with that said i think we are either in an accumulation phase or very close to it. although price seems to be rising at the moment. and if we pass $7k we will see a rally even if a small one.

nidacoinlove

sr. member

Activity: 588

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Quote from: Hydrogen on July 01, 2018, 06:59:28 PM

The recent move from $5800 to $6100+ might have been an accumulation stage where a significant buy in occurred. The question now may be whether momentum can be sustained to greater than $6100 levels or whether the price will be pushed back down to $5800 for yet another accumulation cycle--if investors have confidence the $6500 or so ceiling will be surpassed. I feel like a broken record but it bears repeating that bitcoin has a tendency to peak at the end of the year on increased demand and transactional volume from black friday / christmas shopping / holidays. With the price fall in january of the new year being due to decreased volume post holidays.

To be honest, I haven't been watching transaction volumes, etc. It is possible the price is being artificially pushed down to fuel a significant buy in phase. I definitely would have bought in @ $5800 if I had liquidity.

It is possible but one thing to be kept in considerable notice that the institutions involved in Bitcoin business are expecting a lot from it, where they have come with a long term plan. I think we are in the accumulation stage at the moment, I have a guess about the price of bitcoin that it may go lower $5.8K. The current price rise is due to $26 B injected to the market and still the prices going red after turning green for a day only. However, it looks like there are some forces involved pushing the prices downwards. According to the experts bitcoin hodlers may see a tough time ahead till the end of this year.
We will be experiencing another accumulation stage soon. So, get your bags ready to fill. Wink

santino11

full member

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I think we are now on that stage or passed it.
yearly we are having this one and i know we are almost done on this.
Btw, Bitcoin will surely do the best in the market soon once done.

JerryJam

member

Activity: 238

Merit: 11

The process of accumulation is happening now. After all, the increase in capital is not instantaneous. It takes some time. And this time is already coming. I think that after some correction in the price of bitcoin will undoubtedly rise in price. In my opinion, this should happen by the end of 2018.

patarfweefwee

member

Activity: 420

Merit: 14

Hmmm... That depends, i mean there will be a recession soon. An accumulation period may happen again since people have known Bitcoin and other crypto currencies now more than ever. Once this recession hits, i know people will go to crypto currency to save them. I just hope this will help crypto currencies to be more stable.

embargo

newbie

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Money loves peace and quiet. In the pre-period of great volan- tility in the financial market - the capital seeks asylum. And crypto-currencies in this situation can become this refuge. And consequently, with a sharp outflow of capitals into the crypt (or vice versa, the withdrawal of capital) - prices will change very quickly.

Gab23

copper member

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It ts true than many people know about bitcoin but this is not the exact time . Many people know about bitcoin but the exchange volue of bitcoin is less than nasdax. when considering this , there is many possible that this is accumualtion stage!

Hydrogen

legendary

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The recent move from $5800 to $6100+ might have been an accumulation stage where a significant buy in occurred. The question now may be whether momentum can be sustained to greater than $6100 levels or whether the price will be pushed back down to $5800 for yet another accumulation cycle--if investors have confidence the $6500 or so ceiling will be surpassed. I feel like a broken record but it bears repeating that bitcoin has a tendency to peak at the end of the year on increased demand and transactional volume from black friday / christmas shopping / holidays. With the price fall in january of the new year being due to decreased volume post holidays.

To be honest, I haven't been watching transaction volumes, etc. It is possible the price is being artificially pushed down to fuel a significant buy in phase. I definitely would have bought in @ $5800 if I had liquidity.

_bitcoin_papa_

newbie

Activity: 102

Merit: 0

The more people know about the crypto-currency, the more large-scale will be each stage of accumulation. At present, if I'm not mistaken, the accumulation stage is going on, after which I hope there will be a good price increase.

magneto

hero member

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Quote from: HabBear on May 18, 2018, 09:26:29 AM

Quote from: very_452001 on April 27, 2018, 04:32:37 AM

Accumulation stages only happens when less people know about it?

Accumulation stages, by definition, accumulation spikes happen when more people know about and are interested in the investment.

Quote from: very_452001 on April 27, 2018, 04:32:37 AM

So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?

I believe we'll see growth spur again in Q4 of 2018. On Wall Street there is a saying "sell in May and go away" which speaks to the lull in investment activity over the summer months in the Northern Hemisphere. People are vacationing, etc., and not doing as much investment business. When September comes around (the close of Summer) people get back into the business of investing and the markets usually see some gains.

I believe we'll see the same with Bitcoin.

I personally differ from your definition of what accumulation stage is.

I think that what is meant by OP by "accumulation stage" is a period of time where bitcoin prices are underappreciated and undervalued, and as a result, should be a good time to accumulate at lower prices despite markets being sluggish.

Whilst I agree that Q4 is going to be pretty interesting, as that would probably be the start of a major market recovery for bitcoin, that's not the best time to accumulate. Anything near the $6.6k bottom or below, probably is.

Bugsbey

newbie

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Quote from: very_452001 on April 27, 2018, 04:32:37 AM

According to this youtuber Chris there was a Accumulation period in 2015-2016:

https://www.youtube.com/watch?v=_I6_8nN3IX8

Please note more people know about bitcoin today than compared to 2015-2016.

So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?
D
Accumulation stages only happens when less people know about it?

.
I guess people are having their accumulation stage every year when crypto currency started to grow and become popular. They are the ones who invested a bigger amount of bitcoins and blessed to hit the mark.

imapd

member

Activity: 173

Merit: 10

cave canem!

I think that to the end of this 2018 year we will face huge growth in bitcoin price, because there will be many rich guys entering a market.

bobo012

sr. member

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Quote from: Kertmu on May 18, 2018, 09:44:18 AM

A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Tongue

Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K.

Bitcoin will grow to 50k, just not yet. I am guessing it will be around 2020. to 2022.
At least it is my take, and i am very bullish in the long term

dothebeats

legendary

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As we've witnessed in 2014-2015, the price didn't make any shaky moves or high and daring rises. Instead, it looks like it flat-lined for over a year before it made some noise early on 2016. The traders didn't want to disturb the market while they are trying to buy cheap coins, that's why the volume isn't that high yet they managed to get some huge gains. I believe that every accumulation phase, the market becomes still and quiet. They only start making noise once they are already full and have a very good position in the market. Personally, I think it would take us another crash and a few months for these guys to accumulate and do some big hyping and release a bullish signal.

laluna24

full member

Activity: 511

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Quote from: Kertmu on May 18, 2018, 09:44:18 AM

A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Tongue

Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K.

It is fluctuating as always be, there is still a reason's to appreciate about bitcoi. Even price drops it still can be use by anyone online. I still believe price could going higher before this year ends.

Kertmu

newbie

Activity: 182

Merit: 0

A lot of people who had a desire to invest in Bitcoin with already more remotely related to this. All flew in the clouds and thought that Bitcoin would grow to 50K, it was only a dream. Tongue

Now Bitcoin has no reason to appreciate, he will fluctuate around 8-10K.

HabBear

hero member

Activity: 1106

Merit: 638

Quote from: very_452001 on April 27, 2018, 04:32:37 AM

Accumulation stages only happens when less people know about it?

Accumulation stages, by definition, accumulation spikes happen when more people know about and are interested in the investment.

Quote from: very_452001 on April 27, 2018, 04:32:37 AM

So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?

I believe we'll see growth spur again in Q4 of 2018. On Wall Street there is a saying "sell in May and go away" which speaks to the lull in investment activity over the summer months in the Northern Hemisphere. People are vacationing, etc., and not doing as much investment business. When September comes around (the close of Summer) people get back into the business of investing and the markets usually see some gains.

I believe we'll see the same with Bitcoin.

Falmera

jr. member

Activity: 280

Merit: 2

Quote from: very_452001 on April 27, 2018, 04:32:37 AM

According to this youtuber Chris there was a Accumulation period in 2015-2016:

https://www.youtube.com/watch?v=_I6_8nN3IX8

Please note more people know about bitcoin today than compared to 2015-2016.

So the question is will there be another accumulation stage soon or is it impossible to have this stage as lots of people already know about bitcoin today?

Accumulation stages only happens when less people know about it?

Maybe the next accumulation stage is nearly to happen. I see lots of people know crypto currency now as compared to the last few years. I am not an Economist, but I think the more people wanting for the crypto coins the higher will be its price in effect the higher the chances of accumulation of wealth.

Topic: When do you guys think we will hit the next Accumulation stage? (Read 236 times)