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Topic: WILL CRYPTO BOOM AGAIN? - page 3. (Read 2644 times)

legendary
Activity: 1512
Merit: 1010
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December 07, 2019, 05:54:06 AM
I guess you mean altcoins..? Bitcoin will boom no matter what because it is Bitcoin but altcoins are very hard to boom mainly because there are very less coins which have a purpose and less cons than pros.
hero member
Activity: 1022
Merit: 521
December 07, 2019, 04:11:34 AM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

You have not studied the details of halving completely as the story of halving not ends up with cutting the reward into two but it also mean that the supply to the market will be reduced to half and the demand of bitcoin will be the same as it is so due to the reduced supply the price will increase much faster and seeing this a lot of other investors will come to invest in bitcoin which is a double benefit of halving to bitcoin.
sr. member
Activity: 1540
Merit: 255
December 07, 2019, 04:02:31 AM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.

According to history, halving events didn't push the price up. On the contrary, in 2012 the price drop after halving and in 2016 we all are familiar with Bifinex drama which was after halving.
IMHO I don't believe it will push it in May 2020.

After halving it is taking more than 2 months in order to increase the price of Bitcoin price. But after halving we have seen a complete downfall in the market, and the chance of decreasing the price of Bitcoin is really high, so it is very good for the investors to grab the Bitcoin after halving.
sr. member
Activity: 756
Merit: 252
December 06, 2019, 10:24:01 PM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
I do not know 2020 seems to me like one of those years that will be full of fears, frustrations and hopes and at the end not much will happen, the bulls are trying once again to make the price to go up but most likely they will fail but the bears do not have the strength to make the market to go down and I think that what we are seeing at the end of this year is going to be something similar to what it will happen during 2020, in my opinion if what you are looking is a performance similar to what we saw in 2017 then 2021 should be the most likely candidate.
legendary
Activity: 3206
Merit: 1213
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December 05, 2019, 09:38:11 PM
I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.
If this is a growth phase why won't there be another big growth like 2017. So maybe this is just the growth of every project with adoption or whatever and has no impact on higher pumped prices, but when this continues at least it will create a future which is darker, because so far it may only be a downward phase that continues or maybe a phase where the strengthening of prices to become more stable which seems difficult to happen.
We can't confirm this to be a growth phase. What's been stated is a prediction about the market relative to the prevailing scenario. There is more to happen, but we should not expect things to take place as the past. During the year 2017 the price grew high, and that happened in a short without any indications. Even now such a kind of growth or market boom can happen, but when we keep expecting if something happens negative it'll affect us big. Better plan is to make decisions according to the prevailing market.
legendary
Activity: 3486
Merit: 1055
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December 05, 2019, 04:56:21 PM
I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.
If this is a growth phase why won't there be another big growth like 2017. So maybe this is just the growth of every project with adoption or whatever and has no impact on higher pumped prices, but when this continues at least it will create a future which is darker, because so far it may only be a downward phase that continues or maybe a phase where the strengthening of prices to become more stable which seems difficult to happen.
hero member
Activity: 1666
Merit: 629
December 05, 2019, 04:45:42 PM
Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?

Yes, I think that the crypto currency market will have a rebound period in general and that all crypto currencies (survivors until then) will rise.  This time, however, this rise will be calmer and will not happen as soon as in the past 2017 bull.  Although these types of trains usually leave only once, there is a possibility of repetition but very low.  For this reason, I think that the crypto coins will explode upwards with a calmer but rather effective bull period, not a bullish period where there will be very stiff increases.
sr. member
Activity: 478
Merit: 285
Crypto Way is the only Way!
December 05, 2019, 03:32:55 PM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.

According to history, halving events didn't push the price up. On the contrary, in 2012 the price drop after halving and in 2016 we all are familiar with Bifinex drama which was after halving.
IMHO I don't believe it will push it in May 2020.
legendary
Activity: 1876
Merit: 1003
December 05, 2019, 03:21:15 PM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
Halving will definitely have a huge impact on the prices but realizing the facts before it happens is necessary for catching the opportunity. This is the reason the speculative predictions are based on the next big event, the bull market is not on the sight for a long time. Bearish mode traders also want to get out of the bull traps but the general market conditions don't give the chance for climbing the high prices.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
December 05, 2019, 02:53:30 PM
I don't expect some big and sudden boost. We are in phase where growth, if happen, will be more moderate and graduate. Many expect for pattern of.price pump to.repeat but crypto doesn't behave according to patterns and you can't predict how and which way the price will move. But don't expect for 2017 to happen again, it's not very likely.
hero member
Activity: 3038
Merit: 647
December 05, 2019, 11:27:37 AM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.

Maybe this article would help people understand the situation now compare to the past.

https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-time

The thing is, people are expecting that same pattern would happen in this coming halving but this market is quite different already for the last 2 years, its been struggling and bitcoin has not been stable.  Everyone is waiting for BTC to rise not only for their interest on BTC but for altcoins as well.
member
Activity: 318
Merit: 10
crypto enthusiast
December 05, 2019, 10:53:57 AM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.
Interesting point, and yes the situation is totally different. Will see what happens!
sr. member
Activity: 1400
Merit: 269
December 05, 2019, 09:42:25 AM
Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
sr. member
Activity: 952
Merit: 274
December 05, 2019, 09:10:01 AM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.
The bull will beat the bear but it will take more time, there still no chart patterns of market reversal like double bottom, triple bottom or inverse head and shoulder pattern that we can see in the chart of the bitcoin. But one thing is sure, the market will never be bear and I'm sure that the market reversal will happen. We need patience and confidence in order to survive in the bear market.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 05, 2019, 09:01:20 AM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...

I think not. You're overlooking the fact that the first halvings happened at a time when bitcoin is still off the mainstream charts. Back then, anything can only go up. At this point, everyone has seen the 2018 decline. There the factor of people being wary since they've seen how assets can drop drastically. People will not fall for a simple pump as easily as many did last 2017.
member
Activity: 318
Merit: 10
crypto enthusiast
December 04, 2019, 04:37:06 PM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
however, the biggest development that can occur in crypto is 2020. it has the potential to make crypto prices back to 2017. but, don't expect too much, even when it's not like 2017, I'm sure cryptocurrency will be popular again in 2020 -2021.
If when then it's in 2020. I think halving and fomo can trigger another 2017 bullrun...
sr. member
Activity: 756
Merit: 252
November 29, 2019, 10:34:23 PM
Crypto is already booming. The price of Bitcoin does not need to be near 20k USD for the coin to be considered booming. Considering we struggled to even break 1k in the past, where we are right now is definitely a healthy place. We were at one point on the verge of mainstream adoption and then the giant crash happened when the bubble popped. This turned away the general public but not necessarily to the point where crypto isn't booming. Large financial firms are using Bitcoin, trade volumes are high, and the price is in a decent place so we're doing perfectly fine.
Agree. Massive adoption never comes quickly neither easy. Crypto definitely is the next big thing after the internet so, let's be patient and see what comes out. Excited for the future!
This is something that I think as well, most of those that are in this market are very optimistic about how suddenly out of nowhere the adoption rate will grow up in a dramatic fashion, but I think like you, getting people to adopt bitcoin is going to be a very slow process but once we reach a big enough number we will begin to see many businesses that in the past refused to accept bitcoin adopting it because if they don't then they will stand to lose many of their customers.
hero member
Activity: 2926
Merit: 636
November 28, 2019, 03:10:48 AM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
You are not alone, everyone is hoping that the bull run in 2017 will again happen in the years to come, or next year if its possible.
The market has been struggling for years already, I think people are tired of waiting already and most coins have already dip, so this could be a sign of bounce back.

We keep believe and be patient all the time, this is what the early adopters are doing and they have success doing it, so its a working strategy that everyone should follow, as long as you hold a legit coin with good potential, that will make you calm.
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
November 27, 2019, 10:48:57 AM
I think it is too early in this kind of speculation given to the fact that crypto is still in its early stage. But judging from fact it is clear that crypto will see a high level of boom in the nearest future. The technology is still very new and gradually it has gained so much recognition and adoption has many companies are now seeing how effective it will be to adopt crypto kn their day to day activities.  It is normal that as demands incrase so will the price of crypto also rise so definetly there will be crypto boom again
sr. member
Activity: 1638
Merit: 255
November 26, 2019, 08:22:38 AM
I hope there will crypto pump like the year 2017, maybe after halving it could have happened, but could also not. Only the market will talk later. But I still have hope that Crypto will boom. Yes a lot of speculation about this all, if you believe that crypto will boom again later, yeah better we are preparing from now to hoard bitcoin.
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