IT BEGINS !!
- Thread starter SilverSale
- Start date
That's a fair call.
How about this theory - BTC price to increase late 3rd Q early 4th Q of this calendar year due to BTC halving in approx 6 months AND if this happens the price of a lot of alts will be dragged up with the rise in price of BTC.
Would love the opinions of others on this theory @BuggedOut @SilverSale @tozak @SilverBags et al
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I gave up trying to have intelligent discussion on the forum quite some time ago but since you asked and I have been in the neighbourhood I'll give you my 2 cent opinion.
IMHO Fundamentals for crypto has been good for years and continues to improve, but it is sentiment that has been driving the price action. Thats why the chartists and their TA seem to dominate the crypto sector broadly. Sentiment looks to be improving after a sustained bear and capitulation phases in 2018-19 has shaken out a lot of weak hands. Maybe the halving is playing a part in improving sentiment short term but I don't hold much stock in the reduced supply (from miners) argument. It's just something to write/shill about when there isn't a lot of other big news going on.
IMHO Fundamentals for crypto has been good for years and continues to improve, but it is sentiment that has been driving the price action. Thats why the chartists and their TA seem to dominate the crypto sector broadly. Sentiment looks to be improving after a sustained bear and capitulation phases in 2018-19 has shaken out a lot of weak hands. Maybe the halving is playing a part in improving sentiment short term but I don't hold much stock in the reduced supply (from miners) argument. It's just something to write/shill about when there isn't a lot of other big news going on.
Nice to see you drop by Bugged, always appreciate your insights - hope to see you more often 
I agree with you too, especially in terms of the halving - we've been through similar situations before and it hasn't really been the catalyst to kick things into the next bull run
I don't think any one person really knows what the future is going to look like, but the promising signs for me through this bearish period have been seeing the good projects continue to develop and grow, which is why I am still of the belief that long term things are going to be very good - as for when "long term" is, that's as good a guess as anyone
More and more trash coins continue to perish, and new coins seem to pop up and make their way into the Top 100, but it's the Top 100 coins that have been entrenched in the Top 100 for several years that all my focus is on, and that I have the highest hopes for
I was actually discussing all things crypto with a friend of mine recently - he is heavily invested in the space, and he agreed when I said I thought we were still a couple of years away before we see anything like we did at the end of 2017 - I don't have any facts or real reasons to be of this belief, just my own feeling I guess that I've formed over the years
Either way though, I am just as confident as always that we will get another run similar to 2017 - it's just a matter of when, not if
I agree with you too, especially in terms of the halving - we've been through similar situations before and it hasn't really been the catalyst to kick things into the next bull run
I don't think any one person really knows what the future is going to look like, but the promising signs for me through this bearish period have been seeing the good projects continue to develop and grow, which is why I am still of the belief that long term things are going to be very good - as for when "long term" is, that's as good a guess as anyone
More and more trash coins continue to perish, and new coins seem to pop up and make their way into the Top 100, but it's the Top 100 coins that have been entrenched in the Top 100 for several years that all my focus is on, and that I have the highest hopes for
I was actually discussing all things crypto with a friend of mine recently - he is heavily invested in the space, and he agreed when I said I thought we were still a couple of years away before we see anything like we did at the end of 2017 - I don't have any facts or real reasons to be of this belief, just my own feeling I guess that I've formed over the years
Either way though, I am just as confident as always that we will get another run similar to 2017 - it's just a matter of when, not if
^ Please note with my theory I merely said price rise...not bull run
Sorry, I just assumed bull run because otherwise how do we really know?
If BTC increases by 20% for example during that time can we really attribute it to the halving? I wouldn't have thought so because it's had similar increases at any given time so many times before for no real known reason
If BTC increases by 20% for example during that time can we really attribute it to the halving? I wouldn't have thought so because it's had similar increases at any given time so many times before for no real known reason
madaw1
Well-Known Member
Nothing personal,but any new member can have more experience than the old one-the only difference is he or she just joined SS.
Thanks Captain Obvious.
I believe we should see a quick run up to approx $11K from here.
I believe we should see a quick run up to approx $11K from here.
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I think it's about to set a new, recent, low. I wouldn't be surprised if it bottoms below the previous wave ( per the attached image )
But in these crazy times, who knows
View attachment 32449
Waiting..... Waiting....
Ps. This post will probably bite me on the arse, but it was worth it.
Enjoying the jump?
A couple of my fav coins, ZCash & LTC have both surpassed AU$100
A couple of my fav coins, ZCash & LTC have both surpassed AU$100
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XRP just put in a big green candle.. it will be the next to jump
Easy come..... Easy go....
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haha, sorry mate I’m busy making $ on the DOW drop, which I predicted.
BTC holding support for the moment is totally fine by me. We’ve had a great run so far.
BTC holding support for the moment is totally fine by me. We’ve had a great run so far.
.A couple of my fav coins, ZCash & LTC have both surpassed AU$100
Why are they in your favourites?
..and there it is.
Not bad for a coin with the 3rd highest market cap. I’m expecting great things from XRP during this bull.
Patting yourself on the back for an 8% spike which has since pulled back? Lol
Meanwhile ICX is up 200% over the past couple of weeks - finally being rewarded for holding my bag all these years
It's been nice and steady accumulation too, not pump and dump, which is also very encouraging
Still nowhere near previous highs but it's a start
Meanwhile ICX is up 200% over the past couple of weeks - finally being rewarded for holding my bag all these years
It's been nice and steady accumulation too, not pump and dump, which is also very encouraging
Still nowhere near previous highs but it's a start
Patting yourself on the back for an 8% spike which has since pulled back? Lol
Meanwhile ICX is up 200% over the past couple of weeks - finally being rewarded for holding my bag all these years
It's been nice and steady accumulation too, not pump and dump, which is also very encouraging
Still nowhere near previous highs but it's a start
I do hope you’ll become less of a sad-sack as this market heads higher
XRP is continuing its tear north... 
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