When will Filecoin rise? | Bitcointalksearch.org

redwine49

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Quote from: Jackl87 on April 20, 2021, 01:58:29 PM

Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

I would say that the price of filecoin is still pretty high probably too high still. Just go to coinmarketcap.com and take a look at the circulating supply and then at the fully diluted market cap. With this price that would be at more than 300B$ which means it would have a higher total market cap than Ethereum and would be the no. 2 coins out off all crypto-projects out there directly behind bitcoin.
So i would be careful to invest into filecoin now. I don't see much more room to grow personally.

well you have a good reason. I also compare filecoin with other altcoins.
right now filecoin reach the top 17 based on coinmarketcap. it's pretty big, i think the prices is overvalued.

Quote

https://coinmarketcap.com/currencies/filecoin/

most cryptos over top 20 have proven themselves used not only for speculation / hype

Jackl87

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

I would say that the price of filecoin is still pretty high probably too high still. Just go to coinmarketcap.com and take a look at the circulating supply and then at the fully diluted market cap. With this price that would be at more than 300B$ which means it would have a higher total market cap than Ethereum and would be the no. 2 coins out off all crypto-projects out there directly behind bitcoin.
So i would be careful to invest into filecoin now. I don't see much more room to grow personally.

HashingTower

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

Watch the project chart closely or learn how to read candles and signals maybe you will be able to figure out the answer on your own, do not listen to others though, they are just chilling about what comes to mind, do your own research, moreover this filecoin have rise so much, now I'm not so sure there will be much huge growth again

int03h

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Filecoin has increased in price from $ 25 to over $ 200 so it will be difficult to increase quickly. I think it will take a long time for Filecoin to increase in price. We've seen it go sideways for weeks so stay calm and wait for formation chart.

blockman

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

I think that it has reached the top already and whatever its price right now is an opportunity if you think that it will be once again reaching the top.
Just like the other altcoins, the price for filecoin has been dropping and that's reasonable because it's a lot of them that have been experiencing it.

yazher

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

In the past years, I witnessed some events where some altcoins don't rise again after they suffered a damaging blow when their market sink to the bottom. I guess their developers lose hope when they saw their project has lost its popularity and honor to the investors. when that happened, they just quickly give up and switch to another project to develop which give them more opportunities than the old one. Filecoin should be carefully studied give updates to their investors so that they can expect their support even though the market is not looking good right now.

AmoreJaz

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Quote from: casperBGD on April 20, 2021, 08:22:52 AM

Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

FIL had rise from $40 level to $200 level in March, it is obvious that project needed cool-down from those prices, and it happened now
just think about full diluted market capitalization on this level for FIL, it is above $300B, too much for this stage of project, if you ask me

of course, do your own analysis before investment, it is not a financial advise

they have impressive rise also this year. but if BTC will go above 60k or so, high likely that this alt will go up again. but the question of the OP = no one can actually precisely tell him when. if you are a holder, keep up to date on whats happening with the project. because such question is very subjective
their trading volume is actually huge. one of the biggest 24hr trading volumes that ive seen.

redwine49

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

If you are asking why filecoin can not pump again?
Well i think you are buying at the top price and now its correction time.
If you already buy filecoin. Just hold and you will need to learn and follow the project.
Back in 2018 Filecoin was in my watchlist. Invest some and sold it all in 2019.

Swag242

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I would look into decentralized AI like hadron instead

casperBGD

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

FIL had rise from $40 level to $200 level in March, it is obvious that project needed cool-down from those prices, and it happened now
just think about full diluted market capitalization on this level for FIL, it is above $300B, too much for this stage of project, if you ask me

of course, do your own analysis before investment, it is not a financial advise

btc_angela

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Quote from: estheblessed on April 20, 2021, 07:58:35 AM

Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

It already did have a good pump isn't it? But after that, it seems that the price is declining.

I guess the only way for Filecoin to rise again is that they have a solid news again to wake up the imagination of the investors again. That's how they do it during their first pump and dump run, and for sure they can do it again.

estheblessed

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Just wondering when this altcoin Filecoin will rise again? In fact all altcoins took a big dip, are we expecting it all to rise again?

Thanks

Topic: When will Filecoin rise? (Read 68 times)