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Topic: WTF is going on in crypto 💣 (Read 1001 times)

legendary
Activity: 2758
Merit: 1228
June 28, 2020, 06:36:01 PM
#50
There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.

Many believe but you cannot erase the fact that many became hopeless due to the situation that they lose their money for the huge dump coming in the time of crisis, but everything about it has been proven and I think many got an idea on how to act correctly since years by years bitcoin proves that he can comeback after a huge dump coming on him and we just need to be smart on how to act the situation so that we will not be left trembling for our funds.
sr. member
Activity: 952
Merit: 251
June 28, 2020, 05:56:47 PM
#49
There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.
sr. member
Activity: 644
Merit: 364
In Code We Trust
June 23, 2020, 09:52:26 PM
#48
I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

That's based on his personal opinion as he wanted altcoin to increase by just stating that there will be an ethereum 2.0 without really a mechanism to drive the price of altcoins high. Unlike in bitcoin, we have been passed on the halving now and soon, there's a chance of market price increase due to lower reward fees. I could say, it is a mechanism to drive the price way up high in a long term because miners will be forced to sell bitcoin since they need to pay for their electricity bill. Some people will also see this as an opportunity to sell higher since miners will do so, in addition, many will buy knowing of these possible scenarios to happen. Demands in bitcoin is what will really push the price to increase.
newbie
Activity: 44
Merit: 0
June 23, 2020, 02:35:46 PM
#47
The market is changing, crypto is changing. This is normal. Be prepared for changes, because something incredible is waiting for us soon.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
June 23, 2020, 12:19:53 PM
#46
I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 20, 2020, 12:26:41 AM
#45
TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

Everyone love to pinpoint factors to try and rationalize the price. So for you, it's the virus, and for people in stocks, it's "Robinhood" traders.



Bitcoin hasn't moved a whole lot from the halving, which is what I predicted.
In the upcoming months, I do see a lot of interesting things for crypto, like eth2.0 etc but this is a bitcoin topic.
A lot of people would've chickened out by selling in a loss this year if the Bitcoin halving hadn't happened already. No support would've held the type of crash Bitcoin would've experienced this pandemic year. But look at where Bitcoin price is despite the pandemic. So, what do you think is responsible for this if not that it's more difficult earning it right now because of the halved reward? People know that scarcity gives value to a thing and are therefore not ready to let go at a cheap price.
full member
Activity: 896
Merit: 108
June 19, 2020, 06:32:01 PM
#44
There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
legendary
Activity: 1778
Merit: 1009
Modding Service - DM me!
June 19, 2020, 12:33:46 PM
#43
The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
I don't think they're going to succeed, the US still has its people and tariffs, China just can't easily dominate the US economy.
China is throwing a lot of effort into this trade war, they have created a global pandemic just to destroy other countries' economies, which is a good step from them. (Just kidding, the 'cause is still not confirmed)

That's why our government sticks to China, they knew that after many years China will overcome more power and the exchange of that is our pride to be a country citizen.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.

Crypto users are growing day by day, people are becoming interested as there is massive advertising recently that is halving bitcoin so I doubt cryptocurrency will lose its users. If someone leaves the crypto market, definitely there are many will come.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 19, 2020, 06:17:36 AM
#42
The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.
member
Activity: 1358
Merit: 10
www.cd3d.app
June 19, 2020, 05:08:09 AM
#41
These times we are living in is either going to show all cryptocurrencie's true resiliency in the face of such oppressive obstacles we have never seen on this planet before or it can just die and drop to zero after all is said and done.
We will need to have patience and just wait to see what transpires. Wink
Due to the changed situation, several countries, including the United States, are providing direct assistance to citizens in the form of cash. This can affect the movement of cryptocurrency prices, especially in Bitcoin. But we must be patient. After all, I believe Bitcoin will rise above 10k in the near future.
sr. member
Activity: 1400
Merit: 269
June 18, 2020, 07:34:45 PM
#40
The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
full member
Activity: 1470
Merit: 148
June 18, 2020, 05:19:28 PM
#39
Bitcoin halve has come and gone the market experienced some positive change during the year Bitcoin halve. Even though the market wasn't seen as it used d to be like in terms of pump, the price still move in positive position. Ethereum has been waiting for the 2.0 upgrade which is likely to take place either this year or next will definitely pump this market again. There are so many things going on cryptocurrency industry.
jr. member
Activity: 56
Merit: 4
June 18, 2020, 05:01:56 PM
#38
Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.
We can use every situation in crypto currency as an advantage if we have enough knowledge so anything that will happen will be a good opportunity if you know what to do when that situation comes. I hope that you have enough knowledge to survive this crisis because if many crypto users starts to give up, the crypto community will be smaller and that is not a good thing for us since the demand will go lower that will make the price goes lower too. If something like that happens, the crypto community might die.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
June 18, 2020, 09:03:58 AM
#37
TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

Everyone love to pinpoint factors to try and rationalize the price. So for you, it's the virus, and for people in stocks, it's "Robinhood" traders.



Bitcoin hasn't moved a whole lot from the halving, which is what I predicted.
In the upcoming months, I do see a lot of interesting things for crypto, like eth2.0 etc but this is a bitcoin topic.

copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
June 13, 2020, 10:36:59 AM
#36
TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.
I have heard the exact opposite. Usually after the halving the price of the bitcoin falls very sharply. This is what the so called "expert traders" has also been predicting based on the same pattern that has been repeating during the previous halving, but this time it was a bit different. We have seen the price steadily growing and now is around the $9,000 USD to $10,000 USD. People are saying its different because of this pandemic.
Yeah, lets see what happens in the remaining month of this year.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 13, 2020, 08:53:46 AM
#35
What is the new standard, you mean? Bitcoin will be like that with the up and down of the price. The economy will be like that, but the government still fighting against the Covid-19. That is what important the government needs to do while the government needs to stabilize its economy too. Maybe we will see the blockchain will going to integrate with the business company if they see the benefits for their company.

Even in the covid 19 pandemic, Bitcoin has not dumped as much as other things like stocks etc. Bitcoin has been quite stable between 9000-10000$ and this is a good sign. Once the situation become better and economy of the countries stabilizes we may see much more movement in bitcoin price.

Yes, but we are experienced to see bitcoin down to $3k level price in the earlier this year. But gladly, bitcoin price now can turn to a higher price, and we can even touch $10k. So I am sure that we will see that price soon, and everything will be okay. The economy of every country will be better than before, even if we still see the pandemic out there. We need to survive this time because there are many things that we need to do to have a better life in the future.
hero member
Activity: 2856
Merit: 667
June 13, 2020, 06:08:17 AM
#34
I really can't trust the market now, it seems like there's a lot of good news but knowing how the market are dominated by the whales, I can't be fully bullish although I like to see it as it will not only benefit bitcoin but the altcoins market as well.

With lack of regulation in crypto, although the fiat system will suffer, people will remain confident with the government, so crypto adoption is not gonna grow as expected, maybe we need more time and maybe if bitcoin countries will struggle, I think that is the time we can see some investment pouring in the crypto space, but this is just also my opinion.
sr. member
Activity: 2030
Merit: 356
June 13, 2020, 06:02:42 AM
#33
What is the new standard, you mean? Bitcoin will be like that with the up and down of the price. The economy will be like that, but the government still fighting against the Covid-19. That is what important the government needs to do while the government needs to stabilize its economy too. Maybe we will see the blockchain will going to integrate with the business company if they see the benefits for their company.

Even in the covid 19 pandemic, Bitcoin has not dumped as much as other things like stocks etc. Bitcoin has been quite stable between 9000-10000$ and this is a good sign. Once the situation become better and economy of the countries stabilizes we may see much more movement in bitcoin price.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 13, 2020, 04:09:36 AM
#32
Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain?

I think that after this halving, the bitcoin price will increase a lot from January next year, but about ETH 2.0 it is something that I just see people complaining about the delay and not knowing when they will see it happen. Of course, on the day we see ETH 2.0 we will also see a big pump in the price, but the question is: will the ETH price be high for a long time? or will just the price of ETH be high thanks to bitcoin?

We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


I don't know about ETH, but in the case of bitcoin it seems to me that the price won't go down much and if it breaks the $ 10500 it will go up a lot

With the United States pumping in money into the economy, is Bitcoin going to be the new standard?

if this is true, of course bitcoin will increase in price, just look at the fact that US citizens have good financial conditions, at least part of the US citizens have good financial conditions which allows them to buy many bitcoin if they want


hero member
Activity: 3052
Merit: 651
June 13, 2020, 03:59:33 AM
#31
It had been a spending year.
But I think the realization of the people went to greater heights.
Online selling is growing but the payment option is still the same.
That means you will still need to put money on the bank or digital money services.
There will still be physical trade which is a culprit for spreading the virus.

Governments should also realize that. A need to change the way we pay to keep ourselves and our family safe.
Ain't these things from the article proof of that?

Quote
Over 13,000 unique addresses were used in Kyber during April and surpassed $200,000,000 worth of cryptocurrency transactions. The market has been calling for decentralized exchanges for years, and we’re finally getting to see some early adoption with this new innovative technology.
We’ve seen a flip in the market with cryptocurrency as more people enter.
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