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Topic: When do you guys think we will hit the next Accumulation stage? - page 2. (Read 231 times)

hero member
Activity: 1666
Merit: 753
The accumulation phase is happening right now and is in full swing if you have not noticed. In 2015-2016 bitcoin accumulated ordinary investors, now bitcoin is already accumulating large whales of Goldman Sachs level. So hold on to your bitcoins with all your might, in the coming years we are waiting for a real moon flight.

I definitely don't think it's right now.

It's either when bitcoin has already bottomed at the $6000 level where prices were able to stabilize for a few weeks before making its way up in dramatic fashion is the accumulation stage that we're looking for, or it's going to be after the correction of this rally that we're in right now trying to get above $10k that the accumulation stage hits.

Either before or after, not currently. The prices have been pushed up by fomo buyers way too much for it to be a real accumulation stage.
sr. member
Activity: 702
Merit: 255
The accumulation phase is happening right now and is in full swing if you have not noticed. In 2015-2016 bitcoin accumulated ordinary investors, now bitcoin is already accumulating large whales of Goldman Sachs level. So hold on to your bitcoins with all your might, in the coming years we are waiting for a real moon flight.
hero member
Activity: 1666
Merit: 753
Accumulation stages only happens when less people know about it?

Not necessarily less people knowing about bitcoin, since the number of people knowing about bitcoin is only going to increase but not decrease. But the general level of bullishness is low in an accumulation stage. Basically, when prices are moving sideways and people aren't expecting a rally, and the price has just come off a big dump, that's when you know you can safely start accumulating at low prices.

Personally I believe that the next accumulation stage would be later this year, and maybe next year as well. After bitcoin prices bounce around, consolidate and stabilize, it's probably going to be pretty low compared to the ATH, just like the 15-16 prices did to the 2013 bull market.

You can't always time your buys perfectly all the time, though, so you might want to do some dollar cost averaging on your buys. e.g. when bitcoin falls under a certain target price, you start buying in chunks.
sr. member
Activity: 1056
Merit: 270
Accumulation stages only happens when less people know about it?
Accumulation stages happens when people(many people started to buy bitcoins massively). One can indicate if we are in the accumulation phase or not if one can see many buy orders on exchanges(and many people buying up coins despite it not being dumped recently.
will there be another accumulation stage soon?
There will always be, so long as bitcoin is still not in the mainstream(the state of it being used as an alternative means of payment/as a currency more than a mere speculative tool).  I believe we would see accumulation phase again by 2021-2022

Wait a min, I thought many people that buy bitcoins massively is called moon phase not accumulation phase correct? Surely many people buying loads of bitcoins will cause the price to moon right?
hero member
Activity: 1526
Merit: 596
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?

Actually when we hit under $7k a few weeks ago, it was clear that a temporary bottom was forming and we weren't far away from, if not already in the accumulation phase.

But I think that later in Q2 (which is the quarter we are in right now), we'll see another wave of dumps. After the rally that's pushing prices up right now ends, there's going to be a pretty large dump for sure. That's when accumulating BTC is going to be at its best, in my opinion.

In a bear market you always want to be buying the dips, and this year isn't going to be filled with much bullish activity like last year. Much more likely that prices are going to dip and go sideways, so do accumulate if you have the means to do it.
hero member
Activity: 1106
Merit: 638
Accumulation stages only happens when less people know about it?

By definition, accumulation stages only happen when more people know about it, err Bitcoin.

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?

We're in the midst of another accumulation stage. This fact is evidenced by the recent growth of the price of Bitcoin from it's 2018 lows of ~$7000. It takes time for a "stage" to develop, I believe we've already started!
legendary
Activity: 1372
Merit: 1123
The next "accumulation stage" as you have put it is going to come at a time that we are not expecting. Although it is fairly obvious that positive exposure is one thing that is going to cause people to gain enough interest to accumulate Bitcoin or invest any money into the technology. Legislation that allows or gives incentive to trade Bitcoin, such as increased integration or creating markets as we see with the Future trading; these are things that would drive more people towards Bitcoin from the general public.

If there is a great loss of faith in Fiat currency, then we will see more disenfranchised young people interested in Bitcoin. Young people like volatile investments and Bitcoin offers this as well. Bitcoin will receive tremendous accumulation over the next few years as young people become interested, informed and invested in Bitcoin. There are endless opportunities for Bitcoin to gain a very rapid accumulation, that would quickly double or triple the current demand for the coin with ease. A world war, in my opinion would cause Bitcoin (and gold) to skyrocket like we've never seen. Even a rigid shift in the oil economy around the world could rapidly drive people away from USD towards Bitcoin.

I could go on and on about theoretical situations that would trigger what you're talking about, it is simply a matter of time before one of them lines up with reality.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
As I know accumulations is done before coin goes to moon so 2018, 2019 may be still accumulation phase? It is being accumulated from weak hands to few.
hero member
Activity: 882
Merit: 544
Accumulation stages only happens when less people know about it?
Accumulation stages happens when people(many people started to buy bitcoins massively). One can indicate if we are in the accumulation phase or not if one can see many buy orders on exchanges(and many people buying up coins despite it not being dumped recently.
will there be another accumulation stage soon?
There will always be, so long as bitcoin is still not in the mainstream(the state of it being used as an alternative means of payment/as a currency more than a mere speculative tool).  I believe we would see accumulation phase again by 2021-2022
sr. member
Activity: 1056
Merit: 270
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?
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