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Topic: WTF is going on in crypto 💣 - page 2. (Read 1001 times)

member
Activity: 672
Merit: 29
June 13, 2020, 03:45:12 AM
#30
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.
Today is making a month that the halving took place and you're expecting a huge turn up of price. It's not certained that bitcoin price will skyrocket immediately after the halving. Based on the previous halvings that have occurred, we didn't see price movement immediately, rather they all reduced in price before they mooned. This year halving will also do the same. Let's wait patiently for it to break the barrier of $10k before we start hoping for a better price
hero member
Activity: 3192
Merit: 939
June 13, 2020, 12:25:33 AM
#29
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.

Crazy stuff???What's so crazy about it?The BTC halving was anticipated for the last 4 years.It isn't some unpredictable event or disaster.Please stop using clickbait lingo.I know that you want more traffic to your blog,but I'm annoyed by clickbait articles and titles.
Bitcoin Core hasn't changed in a revolutionary way and the Bitcoin price is relatively stable.Nothing crazy...
I'm not a big ethereum fan,so I can't comment Eth 2.0.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 13, 2020, 12:18:49 AM
#28
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.
hero member
Activity: 2632
Merit: 833
June 12, 2020, 08:50:30 PM
#27
Two points of discussion here, first bitcoin and how well the price will do post halving. There are a lot of so called experts says that the price will fall after the halving because 30% of the miners will stop their business because of the difficulty. Yes, so far we have heard news about mining pools shutting down, however, the price is still not affected at this point

Miners leave, others replace them. I'm pretty sure that would be the case sooner or later. A lot has already discussed the issue of how miners are starting to leave because of the recent halving, but really, it's just a matter of them being replaced by some other mining farm out there.

Possible as well, it's the basic economic principle. If there are incentives to make then there could be more entities joining mining/mining pools like Binance did: https://pool.binance.com/en

Or probably those miners that shutdown their business will have to re-invent themselves.

There's a lot of happenings right now that will definitely be written again in the history of bitcoin. I guess it's a sign that more people are using cryptocurrency and adapting its features to make a development. One of the things that are most awaited by the community is the 2020's bull run. I hope that high-profile persons will adapt bitcoin so it can be stronger than it is right now. Day by day, a lot of unexpected changes in the cryptocurrency after the halving, and some experts say that it'll take a lot shorter time for the new ATH.

I doubt that we will having a bull run though this 2020. And I'm sure those who have been longer in cryptospace doesn't see it happening as well. And those predictions that we hear and see today? I don't know how they got their numbers and I don't believe that there are so called experts here, everyone is just making their best effort to make wild educated guess.
legendary
Activity: 2576
Merit: 1043
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June 12, 2020, 07:37:31 PM
#26
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?
Blockchain is slowly upgrading within this past years so I see the blockchain to upgrade this year and in the next years as always. With regards to ETH 2.0, there are many investors who are holding 32 ETH already making its price to rise up because of the 2.0 that they are developing. In terms of the prices, maybe there is a small correction but I don't believe that it will go to its price last march.

With the United States pumping in money into the economy, is Bitcoin going to be the new standard?
Nope for me. They are seeing Bitcoin as they last resort and they're supporting it but to be the new standard, I don't think we already reach that part now. USD is still the one that US will use for their economy. They might buy some BTC though and other assets in order to save their economy.
sr. member
Activity: 1876
Merit: 318
June 12, 2020, 06:52:28 PM
#25
I am of the opinion that cryptocurrency is indeed a trend up in 2020, but rising cryptocurrency prices are not only updates from ethereum to
ethereum 2.0. But there are several factors, one of which is a number of countries including the United States carrying out economic policies
in a way provide direct assistance to the citizens in the form of cash money. This can have an impact on cryptocurrency price movements in
the market, especially bitcoin. We can see at https://coinmarketcap.com/currencies/bitcoin/, pay attention to the movement of bitcoin several
times about to go up to the price of $ 10k. This is very positive in my opinion, because I am sure that in the near future bitcoin will rise
above $ 10k.
legendary
Activity: 1778
Merit: 1009
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June 12, 2020, 06:08:24 PM
#24
There's a lot of happenings right now that will definitely be written again in the history of bitcoin. I guess it's a sign that more people are using cryptocurrency and adapting its features to make a development. One of the things that are most awaited by the community is the 2020's bull run. I hope that high-profile persons will adapt bitcoin so it can be stronger than it is right now. Day by day, a lot of unexpected changes in the cryptocurrency after the halving, and some experts say that it'll take a lot shorter time for the new ATH.
legendary
Activity: 2030
Merit: 1573
CLEAN non GPL infringing code made in Rust lang
June 12, 2020, 02:29:09 PM
#23
Bitcoin is doing great, holding steady besides nay sayers. What some people call "side ways". Which is good, the less it fluctuates, the more it consolidates.

Altcoins don't matter, they all have their bigger or smaller flaws. Of course eth is going down, precisely because of PoS... (well, it does have several other birth defects anyway). Infinite emission = infinite diluting of value. Thats eth right there, couple with reverting blockchain transactions on a whim, the small group that has such power, everyone and their dogs using their blockchain for other things clogging it with kitties etc, etc.

Bitcoin is clean, its good and its strong. Lets see if the USD can withstand infinite emission...
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
June 12, 2020, 08:14:37 AM
#22
Yes we do have things lined up for Bitcoin and Ether and we can see how the price is increasing day by day.
It is a good time to buy some coins at a reduced price but at the same time we must be alert if there's a bull trap.
There is still time for the bullish run and you never know when the whales manipulate the market.
legendary
Activity: 3248
Merit: 1402
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June 12, 2020, 06:25:15 AM
#21
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.
I honestly don't understand why people are writing about prices increasing lately. I really don't see it being the case! Bitcoin fluctuates up and down, but there is no significant breakthrough.
As for the article, why the fees increased after halving of 2020, it wasn't a permanent change. Just a few days ago I paid only $0.17 for a priority transaction of 0.015 BTC or something like that. Not to mention that the spike in the fees is nowhere near the one we've seen during Bitcoin ATH and is very similar to a spike that happened a year ago. Come to think of it, May-July seems like a typical time of increased transaction fees since ATH, although I don't know how to explain this.

full member
Activity: 1498
Merit: 129
June 12, 2020, 06:24:15 AM
#20
I can smell some bullish but due to massive fud out there the market getting delay each day. We cant expect the market to suddenly bloom with eth 2.0 upgrade alone. We all knew that this will take time but good thing is many investors are already locking in some eth while still cheap cause there will be a huge hype once migration to PoS is done.

On the case of btc, too many rejected attempt has been observed to break out 10k and have some good support but unfortunately there are selfish whales that are playing with the market avoiding this surge to happen.
People are getting too careful about taking risk and putting huge profit with the hope of getting more profit. 2017 bull run have thought people lesson. some bought bitcoin when it was above $10k then. So if it hit the price back, I do not see them taking that chance again and beside people take profit which makes bitcoin subject to market correction. ETH  2.0 hype cannot be as hyped as bitcoin halving that past almost a months now. It is very hard to predict what ETH 2.0 influence will have on the market.
legendary
Activity: 1904
Merit: 1277
June 12, 2020, 03:39:09 AM
#19
Both bitcoin halving and ETH's move to PoS should lead to price increases in the future. But of course everything is overshadowed by CV19 at the moment, which is affecting crypto markets as much as traditional markets. We also have to remember that crypto is still in the relatively early days, and bitcoin is currently seen as a highly speculative asset rather than a safe-haven store-of-value. In theory a fiat financial crisis with money being pumped in economies should be good fro crypto - in practice we are not there yet, 'safe haven' status for bitcoin is likely years away.
jr. member
Activity: 71
Merit: 2
June 12, 2020, 02:24:56 AM
#18
If they say it going down then it should go up, eth going PoS and the halving will take s bit to show its teeth but prices should rise.
hero member
Activity: 2702
Merit: 672
I don't request loans~
June 12, 2020, 02:21:16 AM
#17
Crypto being Crypto. I don't see anything much to note for tbh. The development of how the government is struggling to change the economy for the better right now is much more interesting to watch with how the government moves so as to avoid the downfall of pretty much everything. Most of the attention right now is after all, about how the recent pandemic and lockdowns affected the entire world and pretty much, how the government would react to it.
Two points of discussion here, first bitcoin and how well the price will do post halving. There are a lot of so called experts says that the price will fall after the halving because 30% of the miners will stop their business because of the difficulty. Yes, so far we have heard news about mining pools shutting down, however, the price is still not affected at this point
Miners leave, others replace them. I'm pretty sure that would be the case sooner or later. A lot has already discussed the issue of how miners are starting to leave because of the recent halving, but really, it's just a matter of them being replaced by some other mining farm out there.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
June 11, 2020, 10:40:12 PM
#16
I am expecting a bearish short term scenario in play due to the corona crisis and the quantitative easing on steroids situation. Also the stock market being artificially pumped by the Fed, is not helping our cause for the short term. On another note though, DEFI is becoming huge in this space and institutional investing, aka GRAYSCALE and Co are just hoarding BTC freshly mined on masse, so on a macro level, things are pretty looking bullish to me. I just plan to keep stacking sats regardless. Our time to shine will come once again.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
June 11, 2020, 05:16:21 PM
#15
I think the most significant development in recent times is the stock market turning into a shitcoin of its very own. Reality has been left behind. Governments are signalling they're willing to keep stoking it no matter what. 'Investors' clearly aren't bothered about fundamentals at present. Maybe they don't need to be.

All of that takes quite a bit of attention away from crypto. Why bother with it when all that stupid shit is more readily accessible? Maybe it's going to take the dive of the aeons but for now it's the silliest show in town by quite a way.
legendary
Activity: 2030
Merit: 1189
June 11, 2020, 05:04:19 PM
#14
Curious how you think Kyber Network and Enjin have anything to do with the future of crypto...

Both of these have failed to achieve their potential and are currently stagnating or declining. Did they pay you to write about them in this feature?

In any case, the article was an extremely boring read and you didn't really identify anything that hasn't already been said a thousand times.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
June 11, 2020, 02:36:33 AM
#13
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 and there is a chance that becomes now come back into the 10k market price and another sign of bullish market price if you are trying to look at the whole year graph of the bitcoin that trend is going up which is and there is a chance that for the upcoming month of the June is another year for the bitcoin to rise back again and gained a lot of popularity and profit to the investors but still this is for a short again and there is a chance to fall back or continuously rising.

There are some news that the miners already sell their bitcoin mined because is over a ten percent of them which has a huge impact to the market price of the bitcoin also the top currency like the ethereum, ripple, monero and more popular altcoins going into an upward trend and the season of the altcoins are now going on
legendary
Activity: 3472
Merit: 10611
June 10, 2020, 10:57:33 PM
#12
and Ethereum is heading into Eth 2.0.
in other words nothing has changed over the past 4-5 years. there is still a pointless upgrade that never comes trying to save a sinking ship Cheesy

Quote
What are your thoughts on the direction of the blockchain?
i don't see any direction to be honest. things have been stationary for the past years. the developers gave up on innovation a long time ago and chose to copy bitcoin and make the least amount of effort to make money only.
newbie
Activity: 30
Merit: 0
June 10, 2020, 10:21:22 PM
#11
Just hodl, US federal reserve said theyre going to keep printing money and interest rates at zero

A lot of the money will come into crypto
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